This week our research tracked more than 70 tech funding deals worth over €676.7 million, and over 15 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.
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Either way, let’s get you up to speed.
💸 Notable and big funding rounds
🇪🇸PLD Space raises €78M for mission launch and Europe’s largest private spacetech infrastructure
🇩🇪Parloa bags €61.7M Series B to scale and expand AI-powered customer service platform
🇩🇪 Insight Partners and existing investor Capnamic Ventures are investing €40M in Markt Pilot
also
🇹🇷Midas raises $45M for retail investment platform
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇬🇧PAI Partners buys out Ardian’s stake in Audiotonix for £2B
🇮🇹Agritech xFarm Technologies merges with Greenfield and Spacesense to hone its Geospatial AI
🇬🇧a16z-backed ComplyAdvantage acquires US company Golden
🚀 Interesting moves from investors
🇬🇧 British Patient Capital invests $50.8M in Evolution Technology Fund III
🇫🇷 Paris-based VC Ternel will invest €120 million in 30 startups with new fund
🚀 Global Founders Capital will deploy Rocket Internet’s cash instead of raising a new fund
🗞️ In other (important) news
🇪🇺 Meet the 8 AI companies taking part in the Tech.eu Summit London 2024
🦄 Investors in unicorn Pleo snap up secondary shares as valuation recovers after billions wiped off value
🪫 Q1 sees increased energy investment
📡 Recommended reads and listens
🇨🇭10 Swiss startups to watch in 2024
💰Nordics and Baltics “hotbeds” for fintech innovation, says Copenhagen Fintech CEO
🫶Earlybird Health’s ESG report one year on: how can VCs optimise for social impact?
📱TikTok pulls feature from Lite app in EU over addiction concerns
🥩Edonia raises €2M for sustainable meat alternatives
🔭 European tech startups to watch
🧉Drinkme closes a round worth over €580,000
🌞Beyond Weather’s AI-driven long-range weather forecasting bags €250,000 from LUMO Labs
🤖: Robotics startup 10Lines raises €1.5M for autonomous pavement marking
🌹Bloom & Wolf raises €1.4M for silk flower subscription service
👁️🗨️ Biotech SeaBeLife awarded €1.5M to combat visual degeneration
