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Scaling Europe Daily - 25.6.

Daily · Substack · 25 Jun 2026

Scaling Europe Daily - 25.6.

Germany’s STARK has gone from a €1bn valuation to €3.5bn in just a few months after raising another €500m, and Munich-based FINN has joined Europe’s unicorn club after raising €140m. Estonia’s Frankenburg Technologies is now also seeking a €1bn+ valuation to build an anti-ballistic missile system, making it one of those days where billion-euro ambitions seem to be arriving faster than ever.

Let’s dive in.


💰 Funding rounds

  • Germany-based Stark raised €500m at a €3.5bn valuation to scale production, expand R&D and accelerate the development of sovereign defence capabilities. Read more here.

  • Munich-based FINN raised €140m Series D, including nearly €100m in equity and €40m in debt, bringing its valuation to over €1bn. Read more here.

  • France-based Tissium raised €30m and secured up to €30m in debt financing to roll out its tissue repair technology in the US and fund clinical trials. Read more here.

  • London-based Seltz raised $12.5m Seed to build a new generation of web search infrastructure designed for AI agents. Read more here.

  • Vienna-based Ora Computing raised €3.5m Seed to make AI models smaller, faster and cheaper to run by compressing foundation models for cloud and edge deployments. Read more here.

  • Milan-based Compri raised €3.2m Seed to build AI-powered procurement teams for industrial companies, helping automate repetitive tasks and improve supply chain operations. Read more here.

  • Berlin-based Zelara raised €3m pre-Seed to build an AI-native learning system that helps brands personalise customer engagement in real time. Read more here.

  • Serbian-founded SuperPlane raised $2.6m pre-Seed to build an AI-native workflow layer that helps engineering teams manage production infrastructure operations. Read more here.

  • Düsseldorf-based Wakeline raised €2.1m pre-Seed to build AI systems that continuously learn and adapt in real time without periodic retraining. Read more here.

  • London-based Neubond raised £1.5m Seed to bring its at-home stroke rehabilitation wristband to market. Read more here.

  • UK-based LabCycle secured £430k to commercialise its laboratory plastic recycling system and help labs reduce incineration waste. Read more here.

    🌱 Startup news

  • Tallinn-based Frankenburg Technologies is seeking to raise €100m Series B at a €1bn+ valuation to build an anti-ballistic missile system. Read more here.

📣 Fund news

  • Romania-based Nucleo Ventures launched a €34m fund to back startups and SMEs across Central and Eastern Europe over the next four years. Read more here.

  • The Hague-based Main Capital Partners closed €5.25bn across two funds to back profitable software companies across Europe, North America and the UK. Read more here.

🤝 M&A

  • Kraków-based LiveKid acquired Aldea to expand its early childhood education platform across Latin America. Read more here.

🎧 Podcasts

  • The Scaling Europe Podcast featured Antonio Mallia, Founder and CEO at Seltz, on why AI agents need a completely new way to access and use information online. Listen here.


Subscribe to the weekly edition for the highlights here.

Originally published on Substack.