Today Uber moved closer to buying Delivery Hero, one of Europe’s biggest food-delivery companies, after building a 37% stake and valuing it well above its market price. London-based Valarian also raised $50m to build infrastructure tools for AI-era governments, betting that sovereignty claims need real technical backing.
Let’s dive in.
💰 Funding rounds
London-based Valarian raised $50m Series A to scale sovereign infrastructure for AI-era governments, focusing on infrastructure governance and security. Read more here.
Munich-based Skalar raised €12m in combined pre-seed and seed funding to build an AI-powered tax and accounting firm designed around automation. Read more here.
Munich-based Project Q raised €15m Series A to scale its defence and security technology platform, building tools for next-generation defence capabilities. Read more here.
Amsterdam-based Nopan raised €7.2m total to scale its account and wallet payment performance platform, led by former Netflix payments leaders. Read more here.
Amsterdam-based PromptWatch raised €6m seed funding to help brands optimise visibility on AI chatbots like ChatGPT and Claude. Read more here.
London-based Prolo raised £4.2m in seed funding to modernise construction procurement with AI-powered solutions and credit facilities. Read more here.
Berlin-based NextGO Epi raised €2m pre-seed funding to scale Gallium Oxide epitaxial wafers for next-generation power semiconductor devices. Read more here.
London-based StratX raised €1.19m to tackle landfill methane with living biocovers, turning waste sites into carbon-neutral assets. Read more here.
Prague-based HTG Medical raised €450k and secured MDR certification for automating ICU urine output monitoring to free up nursing time. Read more here.
Zurich-based Rarog raised €162k to turn everyday devices into life-saving rescue beacons, detecting smartphone and fitness tracker signals to locate missing people in emergencies. Read more here.
💡 Other news
Netherlands-based Dutch Clean Tech raised €15m to acquire a 25% stake in Agua del Mariscal, Guatemala’s century-old drinking water company, targeting revenue growth to over $40m by 2033. Read more here.
Berlin-based Delivery Hero is in advanced takeover talks with Uber, with the U.S. tech giant valuing the food-delivery company well above recent trading prices after raising its stake to 37%. Read more here.
📣 Fund news
Prague-based Aspire11 deployed its first €100m from a €515m pension-backed fund into a portfolio including Revolut, ElevenLabs, Databricks, VAST Data, Vinted and Baseten. Read more here.
🎧 Podcasts
The Scaling Europe Podcast featured Max Buchan of Valarian, on raising $50m Series A and building sovereign infrastructure for AI systems. Listen here.
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