This week we tracked more than 75 tech funding deals worth over €1.1 billion, and over 10 exits, M&A transactions, rumours, and related news stories across Europe.

This week we tracked more than, 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

🇬🇧 ElevenLabs triples valuation to $3.3B, after confirming $180M funding round

🇪🇸 TravelPerk raises $200M Series E round at $2.7B valuation

🇫🇷 Alice & Bob secures €100M for fault-tolerant quantum computing

🇩🇪 E-fuel producer INERATEC receives €70M funding commitment

🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇨🇭TravelPerk acquired Yokoy

🇪🇸 Seaya Andromeda invests in agritech company Nax to scale in Brazil

🇮🇪 Irish biotech Cambrean acquired by DNA startup Nucleus

🇳🇱 Amsterdam’s Growth Tribe acquired by Beeckestijn Business School after bankruptcy

🚀 Interesting moves from investors

🇮🇪 Bank of Ireland to invest £100 million in technology for retail and SME services

💸 Ofwat Innovation Fund to double to £400m

💸 Impact-focused VC fund Natural Ventures opens office in the Hague; announces first close of its €97M inaugural fund

💰 Simpact Ventures partners with NCBR Investment Fund to co-invest up to €2M in early-stage startups

🗞️ In other (important) news

📞 EU telco consortium aims to mitigate environmental impact of 6G

🦄 Building a thriving tech ecosystem: European tech companies that became unicorns in 2024

🤝 Blykalla and Höganäs partner to advance Blykalla’s SEALER technology

📡 Recommended reads and listens

🌳 Bcomp offers a blueprint on how startups can turn materials innovation into market leadership

🧑‍💻 Meet Codecrafters: the upskilling platform trusted by devs from Google, GitHub, and Microsoft

🧑‍🔧 How startup TaskHer is fixing the trades industry’s gender imbalance

🇪🇺 European tech startups to watch 

🇬🇧 GRYD Energy secures £1M pre-seed for solar hardware subscription

🇸🇪 Adsorbi secures €1M to build pilot air purification plant

🇬🇧 Atelerix raises £750,000 for pioneering hypothermic preservation for biosamples

🇪🇸 Breakevent secures €876,000 for live music events analytics

🇨🇿 Openvibe, the new social media app bridging the gap between users and platforms, raises €800,000