This week, we tracked more than 40 tech funding deals worth over €720 million and over 5 exits, M&A transactions, rumours, and related news stories across Europe.
Alongside the week’s top funding rounds, we’ve highlighted key industry developments, as well as notable trends in European venture activity, investor moves and emerging sectors shaping the current funding landscape.
We also took a deep dive into the critical news and funding for March in our monthly report and shorter free roundup.
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.
Either way, let’s get you up to speed.
💸 Notable and big funding rounds
🇫🇷 Aura Aero secures €340M to launch from Toulouse and Florida
🇪🇸 Xoople raises $130M Series B to build Earth’s system of record
🇬🇧 MillTech receives $60M investment from Apax Digital Funds
🫱🏽🫲🏻 Noteworthy acquisitions and mergers
🤖. Eilla AI executes Europe’s first AI-native M&A deal
🇫🇮 Finnish counter-drone startup Sensofusion acquires Atol Aviation, launches Sensofusion Aviation
🇫🇷 Ad Terra takes majority stake in 45-8 Energy to support regional sovereignty and secure access to subsurface resources
🇬🇧. London-based photo-organising startup Picnic acquired by French app publisher MWM
🚀 Interesting moves from investors
🇨🇭 Zurich’s Herbert Ventures launches €32.5 million Fund I to back European founders at pre-Seed and Seed
🇬🇧. UK government launches £50m safety tech scheme
🇵🇹. Lisbon’s Bondstone launches VC arm and unveils €50 million DeepTech fund
🗞️ In other (important) news
🚗. Verne launches Europe’s first commercial robotaxi service in Zagreb
🤖 European Tech.eu Pulse: key trends and investment in March (free report)
March 2026’s top 10 European tech deals you need to know about
⚛️. OpenAI hits pause on flagship UK data centre scheme
🛍️ Vinted’s revenues top €1BN but profits slide
🇵🇹 New AI femtech competition in Portugal aims to fast-track women’s health innovation
📡 Recommended reads and listens
🇺🇦. From defence-driven innovation to a resilient ecosystem: the Ukrainian tech ecosystem
🏠. “All of us live in the dark, we don’t have anything better to do than build,” says Baltic hacker house organiser
🇱🇹. Inside Lithuania’s effort to build founders from the classroom
🇪🇪 Handhold raises €3M to replace fragmented software buying journeys with AI account managers
🔭 European tech startups to watch
🇧🇬 nFuse raises $2M as messaging overtakes B2B ordering apps
🇮🇪 Apex B2B launches its SaaS platform for merchants with £1.3M backing
🇪🇸 Sybol raises €1M+ to advance its corporate digital identity wallet
🇬🇧 Qoro closes $750,000 to bridge quantum and classical computing
🇬🇧 WholeSum tops up pre-seed with $335,000 to fix AI’s trust problem in text analytics
