Weekly tech funding roundup in Europe: Over 75 deals totaling €3.6 billion secured
In the dynamic world of technology, Europe continues to make its mark, with a vibrant ecosystem that is attracting substantial investments and driving growth across various industries.
Recent funding deals have seen notable investments in top European tech companies. German insurtech unicorn, Wefox, raised €151 million, aiming for profitability and expansion into new markets. re:cap, a financial services company, secured a €125 million credit facility to expand into the UK. NUCLIDIUM, a Swiss biotech firm, raised €84 million for its copper-based cancer therapies, and SiPearl, a French semiconductor company, secured €32 million in a third funding tranche.
Key industries that have seen significant investment include cleantech, fintech, AI, and cybersecurity. Cleantech experienced a sharp rebound in the first half of 2025, driving growth in the tech sector. Fintech continued to attract substantial investment, closely following cleantech in terms of growth. AI and AI for Insurance, as well as cybersecurity, have also attracted funding from various venture capital firms.
The UK and Germany remain central hubs for tech investments. The UK surpassed Germany in capital invested during the first half of 2025, while Germany remains a major player, especially with companies like Wefox. France, despite having lower deal values compared to other regions, led in deal count.
The European tech landscape is also marked by an active market for M&A transactions and exits. Over 15 such transactions were reported in the first half of 2025. Sweden had €176.9 million in tech funding deals, and Germany had €277.5 million. The telecom industry raised the most funding with €2.6 billion, while the software industry raised €207.3 million.
In addition to funding, the European Innovation Council (EIC) has committed over €1.4 billion across different schemes for the EIC 2025 Work Programme. This includes Pathfinder, Transition, Accelerator, and STEP Scale Up schemes. Furthermore, multiple new venture capital funds were launched in Q2 2025, focusing on various sectors such as AI, fintech, and cleantech.
As a paying subscriber, you have access to monthly reports breaking down essential deals, actions, and players across the European tech ecosystem. Last week, more than 75 tech funding deals were tracked across Europe, amounting to over €3.6 billion. These reports also include over 10 exits, M&A transactions, rumours, and related news stories.
In conclusion, the European tech ecosystem is thriving, with significant investments in key areas like cleantech, fintech, and AI. The UK and Germany remain central hubs, while France sees a high volume of deals. The EIC's substantial funding commitments further underscore the region's commitment to innovation.
A financial services company, re:cap, obtained a €125 million credit facility to expand into the UK, demonstrating the ongoing investment in financial technology (finance technology) within the European tech ecosystem. Moreover, the Swiss biotech firm, NUCLIDIUM, received €84 million for its copper-based cancer therapies, showcasing the intersection of technology and finance (finance) in driving innovation across various sectors.