The state of European tech in 2024, Swave Photonics secures €27M, and Brno’s dynamic startup scene
In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about. If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.
This week we also released Tech.eu Pulse, a compact version of our monthly report for December that’s available to all of our readers, as well as our monthly report exclusive to Insiders.
A deep dive into the 2024 European tech ecosystem
Today, we also see the launch of our 2024 Annual Report, which is a comprehensive review of topics including investments, geographic region performance, industry performance, top M&A and exit activities, and much more.
Our Insider subscriber provides monthly access into the valuable insights provided by our regular reports, covering key investment trends, notable company activities, and emerging industry sectors.
Either way, let’s get you up to speed.
💸 Notable and big funding rounds
🇧🇪 Swave Photonics secures €27M for 3D holographic display technology
🇵🇹 Hercules AI secures €26.8M to open in Lisbon
🇩🇰 Eupry secures €23M Series A round funding
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🇸🇰 Zebra Technologies acquires Photoneo: A game-changer for frontline workflows
🇧🇪 Belgium’s employee advocacy platform Ambassify acquires Social Seeder
🇨🇭 Sonar to acquire Tidelift to reduce risk from open source software
🗞️ In other (important) news
🇪🇺 The European tech ecosystem in 2024: A Tech.eu annual report
🤖 European Tech.eu Pulse: key trends and investment in December
🚁 Volocopter files for insolvency, signalling a nosedive for the European eVTOL industry
✅ Checkout.com reduces losses as headcount down over 70 per cent
📡 Recommended reads and listens
💊 Your Health – Which Way Will AI Go in 2025?
🇬🇷 Greece’s tech sector grew 15 percent in 2024
🇫🇷 Fast-growing French fintech Aria eyes European expansion
🚀 Brno’s “dynamic startup scene” on the charge
🔭 European tech startups to watch🇱🇻 🇩🇪
🇮🇪 AI startup Jentic secures €4M for AI integration
🇳🇱 Ver.iD raises €2M angel funding for identity verification SaaS
🇱🇹 Pixevia secures €340,000 bridge round led by Coinvest Capital
🇳🇱 Odd.Bot lands €2M to boost weeding using robots
Related
Swave Photonics secures €27M for 3D holographic display technology
Belgian holographic display company Swave Photonics has closed its €27 million Series A funding round., bringing its funding to over
The European tech ecosystem in 2024: A Tech.eu annual report
In line with greater global trends, 2024 was a tumultuous year for European tech, marked by decreased valuations, a market correction,
Brno’s “dynamic startup scene” on the charge
From cyber security giant Avg Technologies to burgeoning rental platform Flatio, the startup scene in the often-overlooked Czech city o
Irish AI startup Jentic secures €4M for AI integration
Jentic, a startup building an integration layer for AI, it has raised €4M in pre-seed funding. The round was led by Elkstone with a
