This week our research tracked more than 65 tech funding deals worth over €4.3 billion, and 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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Notable and big funding rounds

Imec raises €2.5B for advanced chip tech R&D pilot line

Bicycle Therapeutics scores $555M investment for disease prevention

DeepL soars to $2B valuation with $300M investment

CIRCTEC raises €150M for Europe’s largest tyre pyrolysis recycling facility

Noteworthy acquisitions and mergers

Visma makes third acquisition of 2024 with MyCompanyFiles

Belgian recruitment platform Jobtoolz acquires Hirehive

Doctolib acquires Aaron.ai, maker of AI-based telephone assistance

Interesting moves from investors

Europe’s original sustainability VC, ETF Partners, raises €285M in oversubscribed round

UK’s Zero Carbon Capital closes €23.4M fund to back European early-stage climate tech Ventures

Avvio founder launches €5M fund for hospitality tech

In other (important) news

NATO Innovation Fund announces its new investment team

German AI defence giant Helsing eyes $4B valuation in Series C funding

Iceland’s first unicorn will spur investment but don’t expect “floodgates” to open, says unicorn founder

AI concerns and workplace dynamics – findings from the Scaleup Culture Report 2024

Biochar booms towards gigatonnes, but low-quality concerns cloud market growth

Recommended reads and listens

Enifer secures €36M funding for food-grade mycoprotein factory in Finland

It’s frightening how concentrated this industry is’: Scott Galloway on Europe, new media and breaking up Big AI

10 Italian startups to watch in 2024

The Exploration Company wins cargo contract from the ESA

European tech startups to watch

Lassie’s preventative pet insurance is now available in France

CARÁ Health raises €620,000 for prenatal and postpartum support

Web3 proptech Unlockit raises €1.4M pre-seed

Remote Butler raises €50,000 for its HoReCa application

En Carta Diagnostics secures €1.5M for rapid Lyme disease diagnostic kits