European tech companies secured over €3.9 billion across more than 70 funding rounds last week. The cloud sector led the market with €2.95 billion in investments, followed by cleantech at €193.6 million and energy at €186.1 million.
The United Kingdom dominated the regional landscape, attracting €3.1 billion in capital. Sweden and Germany followed with €305.8 million and €215.1 million respectively. The week also saw at least five M&A transactions and exits.
Notable deals include Nscale raising $3.36 billion in pre-IPO financing for AI cloud expansion and Reverion securing €154 million for factory development. Voi obtained €150 million, while Onomondo closed a round exceeding €100 million.
Other significant investments include Breye Therapeutics with €67.5 million, AnaCardio with €62.5 million, and Metaview with $60 million. Papershell and Aptadir Therapeutics also secured capital, raising €40.3 million and $45 million respectively.
Corporate activity included the acquisition of Croatian platform Robotiq.ai by HCLSoftware and the purchase of French cybersecurity firm Quarkslab by Airbus. Additionally, DHL subsidiary acquired myflexbox, and Sprouts.ai bought StartUs Insights.
