This week we tracked more than 40 tech funding deals worth over €1.3 billion, and over 20 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

Verdiva Bio launches with $411M Series A raise for next-gen oral and injectable treatments for obesity

CeQur secures $120M to scale diabetes management solutions

FIRE1 secures $120M financing

XOCEAN secures €115M for ocean data platform

Noteworthy acquisitions and mergers

NXP Semiconductors acquires TTTech Auto for $625 million: a game changer for software defined vehicles

Darktrace to acquire cloud investigation provider Cado Security

Cybersecurity group Integrity360 acquires South African Nclose

Mayten acquires majority stake in media brand Micromobility Industries

SL Controls and NNIT merger will create global ‘smart factory’

Interesting moves from investors

Superhero Capital launches €50M fund

Liverpool FinTech secures £600m facility for strategic expansion

Leuven-based Capricorn Partners announces first close of its new healthcare-centric VC fund at €51M

Belgium’s Smartfin closes third growth fund at €250M with EIF backing

Latvia’s “MoneySuperMarket” targets $20m funding round as mulls European launch

In other (important) news

Remote-driving startup Vay expands its Last Vegas fleet to 100 vehicles

24 European tech companies that raised the most in 2024

European startups drive CES 2025 success with B2B smart tech

A quarter of VC capital was invested in AI in 2024

Recommended reads and listens

 Looking ahead: What can we learn from 2024?

From smart stethoscopes to needle-free injections: European startups take centre stage at CES

  How Neural Concept’s 3D AI platform is redefining engineering workflows in OEMs

European startups leading the charge in the multi-billion dollar weight loss market

Quantum Motion partners with GlobalFoundries to create more powerful chips

European tech startups to watch  

RoboK secures £1M for logistics-focused computer vision

Hypersoniq raises €1.1M funding

Wonder Legends Studio raises $1M to develop steampunk mythology game and series

Phoenix Foods closes €347,000 in a round led by EconomistesBAN

AI-based recruitment platform Meetgate raises $250,000 investment

VCs bet £1.6M on Liverpool social gaming app Betmate