Europe’s defence sector continues to attract record levels of investment, with Quantum Systems securing a €1bn Series D to expand its AI-powered autonomous systems. In Finland, IQM Quantum Computers became the first European quantum computing company to list on a major US stock exchange, marking another milestone for Europe’s quantum industry.
Let’s dive in.
💰 Funding rounds
Munich-based Quantum Systems raised a €1b Series D at a €7b valuation to scale production, expand globally and accelerate the development of its AI-powered autonomous defence systems. Read more here.
Berlin-based Andercore raised $40m Series B to accelerate its European expansion and further develop its AI-driven industrial trade platform. Read more here.
Trondheim-based Alva Industries raised €16m to expand manufacturing, advance its next-generation electric motor technology and support international growth. Read more here.
Amsterdam-based HousApp raised €4.3m Seed to expand its AI platform for real estate agents, accelerate product development and grow its engineering team. Read more here.
London-based StirlingX raised a $20m Series A to expand its sovereign intelligence platform for defence and critical infrastructure, following its $11m Seed round earlier this year. Read more here.
Manchester-based BidScript raised €701k pre-Seed, bringing its total pre-Seed funding to over €876k, to expand its AI-native tender management platform into new markets. Read more here.
Stockholm-based BRYM raised €650k pre-Seed to develop its wearable neurofeedback platform for improving focus and cognitive performance. Read more here.
Belgium-based Visiblie raised €500k through a convertible loan to expand its AI search visibility platform for SMEs and support international expansion. Read more here.
💡 Other news
Espoo-based IQM Quantum Computers became the first European quantum computing company to list on a major US stock exchange, entering the public markets with €337m in cash to accelerate global commercial adoption of its full-stack quantum systems. Read more here.
Common Path launched a programme to help graduates from low-income backgrounds secure roles at UK startups and connect them with early-stage companies. Read more here.
📣 Fund news
Prague-based Orbit Capital closed its Growth Debt Fund II at €107m to provide venture debt to post-Series A technology companies across CEE and Europe. Read more here.
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