European tech startups secured over €818 million across more than 70 funding deals last week. The market also saw over 10 exits and M&A transactions. This activity follows a significant September, during which European startups raised €15.8 billion through 300 deals.
September funding figures showed a nearly 394 percent increase in value and an 82 percent rise in deal volume compared to August. The UK led the region with €7.3 billion in funding, while the cloud sector attracted €5.5 billion. Exit activity remained steady with 39 recorded transactions.
Notable recent funding rounds include Universal Quantum raising $100 million in Series A, Spiko securing $90 million in Series B, and Noah closing a $38 million seed round. Additionally, German robotics firm RobCo achieved unicorn status after its valuation doubled in nine months.
M&A activity featured several strategic acquisitions. SAP acquired Belgian startup TechWolf, while Personio purchased Circula to integrate payroll and expense management. Other deals included the acquisition of Lendorse by Bcas and the purchase of Flowie by Sovos.
