European tech companies secured over €1.7 billion across more than 70 funding rounds last week. The artificial intelligence sector led the market with €3 billion in total funding, followed by space technology at €387.5 million and healthtech at €115.1 million.
The United Kingdom topped the regional investment charts with €541.8 million, while Italy and Spain followed with €256.7 million and €232.4 million, respectively. The week also saw over 10 M&A transactions and corporate exits across the continent.
Notable deals included Open Cosmos securing €300 million for satellite intelligence, Exein raising $270 million at a $1.7 billion valuation, and Fever closing a $250 million round. EUCLYD, an AI chip startup, raised over €200 million in its Series A round.
Bulgarian company EnduroSat reached unicorn status after raising €178 million. Other significant transactions featured Tandem Health with a $100 million Series B and Ayan Capital securing a debt facility of up to $100 million.
M&A activity remained active, with the Vienna Stock Exchange acquiring a majority stake in North Data. Motorola Solutions purchased the Portuguese AI startup DeepNeuronic, and GoStudent expanded its offline operations by acquiring course locations from Berlitz.
