Tamara Djurickovic / Tech.eu: Cambridge, UK-based Paragraf, which makes graphene-based electronics using standard semiconductor processes, raised a $55M Series C to scale its manufacturing — Paragraf pioneers graphene-based electronics with standard semiconductor processes, producing magnetic sensors and GMS while developing advanced devices.
Tamara Djurickovic / Tech.eu: Oxford-based Ultromics, which has developed the first FDA-cleared, Medicare-reimbursed AI tools for cardiology diagnostics, raised a $55M Series C — The funding will accelerate Ultromics' mission to advance heart disease detection and scale EchoGo®, its AI platform for earlier, more accurate diagnoses.
Cate Lawrence / Tech.eu: Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech — With 60 per cent of venture capital now flowing into deeptech, the country outpaces global peers and redefines what a small market can achieve. .
Cate Lawrence / Tech.eu: Paris-based Zama, which is developing fully homomorphic encryption tech for blockchain and AI apps, raised a $57M Series B at a $1B+ valuation — With GPU scaling, chip development, and Ethereum-compatible tools, Zama is turning FHE from theoretical to practical at scale.
Tamara Djurickovic / Tech.eu: Berlin-based Knowunity, an AI-powered learning platform with 20M+ users in 15 countries, raised a €27M Series B led by XAnge, bringing its total funding to €45M — Knowunity is a global AI learning companion that combines personalised AI and student-created content to make studying easier, more engaging, and effective.
Tamara Djurickovic / Tech.eu: Berlin-based Payrails, whose platform helps enterprises accept payments, issue payouts, and more, raised a $32M Series A, taking its total funding to $52.8M+ — Trusted by leading global brands, Payrails aims to boost performance, reduce operational complexity and costs, and enable faster innovation across their payment operations.
Lucy Adams / Tech.eu: Skyral, a London-based modeling and simulation startup developing AI-based digital twin tech for defense, healthcare, and other sectors, raised a $20M Series A — Global demand for predictive simulation and digital twin technology has accelerated in recent years, driven by geopolitical instability and climate risk.
Lucy Adams / Tech.eu: London-based Origin, which offers software to help HR teams administer employee benefits, emerges from stealth with a $21M Series A led by Felix Capital — Origin's clients include Pfizer, Comcast, EA, BCG, and bp. — British startup has launched out of stealth with $21 million in Series A funding.
Lucy Adams / Tech.eu: Berlin-based Pliant, which helps corporates combine physical and virtual credit cards with automation tools to streamline spending, raised a $40M Series B — The company plans to hire additional talent and expand its partner network to facilitate growth. — Berlin-based fintech has secured …
Cate Lawrence / Tech.eu: Rotterdam-based Gradyent, which lets energy providers optimize their systems by creating digital twins of heating and cooling grids, raised a €28M Series B — Energy providers can use Gradyent's tech to optimise performance, reduce CO₂ emissions by up to 10%, lower operational costs …
Lucy Adams / Tech.eu: Fal.ai, a Turkish startup specializing in AI-generated media for enterprise use, raised a $49M Series B led by Notable Capital, taking its total funding to $72M — The funding will support infrastructure expansion, a model marketplace, and team growth. — Turkish mediatech startup …
John Reynolds / Tech.eu: Brokerage firm IG Group acquires UK trading app Freetrade for £160M; Freetrade raised ~£30m via crowdfunding and was valued at £650m in 2021 during the pandemic — Freetrade, the UK trading app, has been acquired by the listed trading platform and spread betting group IG Group in a £160M deal.
Cate Lawrence / Tech.eu: Kazakhstan-based Kaspi.kz agrees to acquire a majority share, or 65.4%, of Turkish e-commerce platform Hepsiburada for ~$1.13B, expected to close in Q1 2025 — The share acquisition is poised to benefit entrepreneurs and SMEs in Kazakhstan and Turkey. — Kazakhstan fintech Kaspi.kz …
Cate Lawrence / Tech.eu: Berlin-based Distribusion, a B2B marketplace connecting ground transportation providers and online travel retailers, raised an $80M Series C led by TQ Ventures — Distribusion connects thousands of bus, rail, ferry and public transport providers worldwide to a global network of travel retailers.
Cate Lawrence / Tech.eu: Hanover, Germany-based HERO Software, whose SaaS acts as an operating system for trade SMEs like plumbing, raised a €40M Series B led by Eight Roads Ventures — HERO acts as an operating system for SMEs across various trades, including plumbing, carpentry, photovoltaic installation, and electrical services.
Cate Lawrence / Tech.eu: Paris-based Stonal, which offers a data management platform for real estate owners and investors in Europe and launched StonalGPT earlier in 2024, raised €100M — In early 2024, Stonal launched its proprietary StonalGPT, the first generative AI solution designed for real estate owners and investors,
Cate Lawrence / Tech.eu: Hivebrite, a SaaS community engagement platform used by Boeing, the Obama Foundation, and others, raised a $37M Series B, bringing its total funding to $60M — Hivebrite, a SaaS community engagement platform, raises $37 million to fuel platform innovation and team expansion.
Fiona Alston / Tech.eu: London-based kennek, which offers SaaS tools for open banking, open finance, and payments, raised a $12.5M seed led by HV Capital — London fintech kennek secures $12.5 million in Seed funding to expand its tech team and explore European markets. Its SaaS tools aim to simplify lending operations.
Dan Taylor / Tech.eu: London-based Unitary, an AI-based visual content moderation tool which is currently classifying 6M videos per day, raised a $15M Series A led by Creandum — London-based startup Unitary raises $15 million for its AI-driven visual content moderation tool. The technology identifies harmful content, enhancing online safety.
John Reynolds / Tech.eu: Revolut appears to have withdrawn its application for a US banking license, after saying in 2021 that it filed a draft; it has 500K+ retail customers in the US — Revolut, a leading UK fintech, withdraws its application for a US banking license. Despite this, the company continues to expand its services in the US market.
Dan Taylor / Tech.eu: London-based fintech Hyperjar, which offers digital payments, planning, and personalized rewards platform, raised a $24M Series A — London-based fintech, Hyperjar, raises $24 million for expansion. Known for its digital wallet and personalised rewards, Hyperjar partners with top brands to offer unique discounts and savings.
Dan Taylor / Tech.eu: London-based Raft, which automates freight logistics, raised a $30M Series B led by Eight Roads, taking its total funding to $48M, to expand R&D investment — Raft, formerly known as Vector.ai, has raised $30 million in a Series B funding round aimed at increasing the development …
Dan Taylor / Tech.eu: US-based Silver Lake acquires 63%+ of Germany-based enterprise software developer Software AG for €2.4B and plans to delist the company as soon as possible — US-based private equity firm Silver Lake says it's secured a majority stake in Software AG and plans to delist the company as soon as possible.
Dan Taylor / Tech.eu: Report: Valencia-based Jeff, which provides a frontend app and other tools to manage businesses, filed for bankruptcy after failing to close a €90M Series C — After numerous lawsuits in Colombia, Mexico, Brazil, and Spain, losses close to €65 million, and a €90 million funding round …
Dan Taylor / Tech.eu: Paris-based Brigad, which connects self-employed hospitality professionals with short-term assignments, raised a €33 Series B led by Balderton Capital — With many a hospitality worker not only suffering but leaving the hospitality sector altogether, Brigad is helping bridge the gap between supply and demand.
Callum Cyrus / Tech.eu: Germany-based Sdui, whose software provides communication and diary tools for schools, raised an $18M Series A extension, bringing total Series A to €25M — Described as an operating system for digital education, five-year-old startup Sdui is live in seven European markets.
Dan Taylor / Tech.eu: Paris-based PASQAL, which builds quantum computers using neutral atoms, raised a €100M Series B led by Temasek, bringing its total funding to €125M — Once the stuff of Feynman's dreams, Pascal executives predict that their solution will deliver major commercial advantages over classical computers by 2024.
Dan Taylor / Tech.eu: Slovakia-based Photoneo, the parent company of robotic warehouse automation startup Brightpick, raised an additional $19M, bringing its total Series B to $40M — Experiencing unprecedented growth during the pandemic, Brightpick uses 3D sensor technologies to fully automated …
Callum Cyrus / Tech.eu: Marseille-based Volta Medical, whose AI assistant helps surgeons in cardiac ablation procedures, raised a €36M Series B, bringing its total funding to over €70M — Marseille-based Volta Medical is preparing for additional clinical trials, after successfully winning CE and FDA-approval …
Dan Taylor / Tech.eu: London-based 9fin, which offers AI-powered data analytics for debt markets, raised a $23M Series A+ led by Spark Capital, bringing its total funding to $37.2M — UK startup establishes US presence and aims to become the leading global provider of data and analytics in debt markets
Dan Taylor / Tech.eu: London-based The Applied AI Company, which uses AI to automate repetitive work prone to human error in insurance, pharma, and other sectors, raised a $42M seed — Investors include Stefan von Liechtenstein, Garry Kasparov, Dennis Mahoney, Valnon Holding, Freud Holdings, HCS GmbH …
Dan Taylor / Tech.eu: Germany-based Temedica, which offers a health data insight service to pharma companies, raised a €25M Series B extension, bringing its total Series B to €42M — Aimed at offering a complete and total understanding of medical patient care realities, Munich-based Temedica …
Fiona Alston / Tech.eu: Barcelona-based Lodgify, which offers SaaS tools for managing rental properties on Airbnb and other platforms, raised a $30M Series B led by Octopus Ventures — The Spanish firm's one stop digital shop for hosts and property managers hopes to capture 80% of the short-term rental market by concentrating on SMEs
Fiona Alston / Tech.eu: BNP Paribas agrees to acquire Kantox, a London-based currency management automation software firm, for €120M after a three year partnership — After a three year relationship BNP Paribas pops the question and acquires London's currency management automation firm Kantox.
Dan Taylor / Tech.eu: Dublin-based Tines, which offers no-code automation tools for security teams, raised a $55M Series B extension, bringing the total Series B to ~$77M — Offering dead simple drag-and-drop automation workflows for cybersecurity teams, Dublin's Tines has raised an additional $55 million in a Series B round extension.
Megha Paul / Tech.eu: Paris-based Prophesee, a fabless semiconductor startup building neuromorphic vision systems, raised a €50M Series C, bringing its total funding to ~€130M — By utilising neuromorphic techniques to mimic the way that human brain and eye work, its event based Metavision technology …
Megha Paul / Tech.eu: Alcatraz AI, which develops AI-powered, facial recognition-based building access control systems, raised a $25M Series A led by Almaz Capital — Alcatraz AI aims to transform the experience of entering spaces in the most highly secure manner, while enabling a completely passive …
Megha Paul / Tech.eu: Frankfurt-based AAA games studio Gunzilla Games has raised $46M led by Republic Capital and plans to handle in-game item trading using NFTs in an upcoming title — The German startup will use the new funding to build their new platform, GunZ, to enable players to own their in-game possessions
Dan Taylor / Tech.eu: Madrid-based Seedtag, which offers a cookie-less contextual advertising engine to brands, raised €250M from Advent, following a ~€39M Series B in September 2021 — Having already championed Europe and Latin America with its cookie-less proprietary machine-learning contextual …
Dan Taylor / Tech.eu: Berlin-based Pliant, which offers digital corporate credit card management and accounting software, raises a €18M seed led by Alstin Capital — Berlin-based startup pliant has raised €18 million in a seed funding round. The fintech offers a corporate credit card solution …
Dan Taylor / Tech.eu: Berlin-based Pliant, which offers digital corporate credit card management and accounting software, raises an €18M seed led by Alstin Capital — Berlin-based startup pliant has raised €18 million in a seed funding round. The fintech offers a corporate credit card solution …
Dan Taylor / Tech.eu: Lepaya, an Amsterdam-based power skills training provider helping companies upskill their workforce via its app, raises a $40M Series B led by Target Global — Amsterdam's power skills training provider Lepaya has raised $40 million in a Series B round. With its upskilling offer …
Dan Taylor / Tech.eu: Latvian startup Lokalise, which helps companies localize and translate services, raises a $50M Series B led by CRV — Riga-founded/remote-first startup Lokalise has raised $50 million in a Series B funding round. The platform provides a series of integrations that plug …
Dan Taylor / Tech.eu: Draper Esprit, a London-based venture capital firm, rebrands to Molten Ventures — Reflecting the ongoing hotbed that is the European tech scene, London's preeminent venture capital firm Draper Esprit is no longer Draper Esprit, but rather, Molten Ventures.
Dan Taylor / Tech.eu: Permutive, whose ad platform allows publishers to deliver personalized ads in a privacy-safe manner, raises a $75M Series C led by SoftBank Vision Fund 2 — London's Permutive has raised $75 million in a Series C round. The eight-year-old company specialises in providing publishers …
Dan Taylor / Tech.eu: Juni, a neobank catering to e-commerce and online marketing companies, extends its Series A to $73M — Just three months since the first announcement of their Series A raise at $21.5 million, the seemingly darling banking platform for e-commerce players, Juni has more than doubled the first portion of the raise to a hefty $73 million.
Dan Taylor / Tech.eu: Germany-based Schüttflix, whose app connects suppliers and buyers in the construction industry, raises $50M Series A led by Draper Esprit to expand in Europe — German construction site bulk materials marketplace Schüttflix has raised $50 million in a new Draper Esprit-led funding round.
Dan Taylor / Tech.eu: Amsterdam-based Recharge, which offers digital vouchers for big brands like Apple and Xbox, raises $35M Series B and says it has over 3M customers — Amsterdam-based Recharge has raised $35 million in a Series B funding round. The startup operates in over 150 markets around the world …
Dan Taylor / Tech.eu: Madrid-based Seedtag, a contextual adtech company, raises $40M Series B led by Oakley Capital to expand into the US market — Madrid-based Seedtag has raised $40 million in a Series B funding round. $35 million of this round arrives via Oakley Capital, a figure that provides the investment firm …
Dan Taylor / Tech.eu: London-based Form3, which provides cloud-based payments tools to banks and fintechs, raises $160M Series C led by Goldman Sachs, bringing total funding to $220M — London's payments infrastructure provider Form3 has raised $160 million in a Series C funding round.