The European tech market saw over 55 funding deals this week, totaling more than €2.7 billion. Among the major highlights, the Turkish company Fal reached a valuation of $16 billion following a $1.3 billion Series F round. Meanwhile, Revolut confirmed its valuation at $115 billion after completing a secondary share sale.
In the energy and finance sectors, the Dutch firm Return secured €835 million to expand battery storage in Germany, while UK-based Hoxton Wealth received a $135 million investment from Aspirity Partners. Additionally, Denmark's EIFO joined the $580 million Series D round for TEKEVER as the company expands its operations into Odense.
Investment activity remains robust with several new funds. Creandum closed a $750 million fund, and Robin Capital raised €15 million to support startups in AI, robotics, and space. A former Phoenix Court partner also launched a new $17 million fund. Meanwhile, startups at the STATION F campus raised a record €2 billion.
Consolidation continues across the industry. Fourthline and Veridas merged to target the digital identity market, while TrollWall AI acquired Elv.ai to expand in comment moderation. Mistral completed its fifth acquisition of the year by purchasing SkipLabs. Furthermore, Estonia has officially approved the operation of 24/7 robotic pharmacies.
