Factorial raised €129m at a €2.1bn valuation, while Oxford Quantum Circuits and Quobly brought in more than €400m combined for quantum computing. Deel also launched Stablecoin Wallet, allowing users to send, receive and spend stablecoins directly within the platform.
Let’s dive in.
💰 Funding rounds
Reading-based Oxford Quantum Circuits raised €301m Series C to scale its Quantum-AI data-centre platform for enterprise and government customers. Read more here.
Barcelona-based Factorial raised €129m Series D at a €2.1bn valuation to expand its AI-powered business management platform used by more than 16,000 companies. Read more here.
Grenoble-based Quobly raised €115m Series A to accelerate the industrialisation of its silicon-based quantum computers and launch its first commercial product by the end of 2026. Read more here.
Edinburgh-based Wordsmith raised €60.2m Series B to scale its legal AI platform for in-house legal teams. Read more here.
London-based Apoha emerged from stealth with $36m funding to commercialise its molecular behaviour platform, helping pharma, food and materials companies predict how molecules perform in real-world conditions. Read more here.
London-based Gigaton raised $26m Series A to scale its AI-powered industrial control platform for energy-intensive industries. Read more here.
UK-based Flok Health raised $12.5m Series A to expand its AI-operated physiotherapy platform across the UK and develop new clinical pathways. Read more here.
Berlin-based INXM raised €5.7m pre-Seed as it emerged from stealth to build an AI process execution engine designed to automate enterprise and Mittelstand operations. Read more here.
European Paypercut raised €5m Seed to expand its payments platform across Central and Eastern Europe and simplify cross-border payments for online merchants. Read more here.
Paris-based Upstream raised $3m pre-Seed to launch its AI-native inbox platform, designed for collaboration between humans and AI agents. Read more here.
Polish-Ukrainian defence tech startup Molfar Defence Technologies raised €1.5m as the first tranche of a €2 million round to develop tactical radar systems for detecting and tracking small UAVs in battlefield conditions. Read more here.
Netherlands-based SolarDew raised €800k to scale its solar-powered water purification technology, aiming to bring clean drinking water to one million people by 2035. Read more here.
Italy-based Vivilo raised €628k pre-Seed to scale its AI-powered platform for creating and distributing personalised photo and video content for event participants. Read more here.
🌱 Startup news
Deel launched Stablecoin Wallet, allowing users to send, receive, hold and spend stablecoins directly within the platform as it continues expanding its global financial infrastructure offering. Read more here.
💡 Other news
The European Commission unveiled its European Technological Sovereignty Package, including plans to strengthen Europe’s AI, semiconductor and cloud infrastructure capabilities. Read more here.
🎧 Podcasts
The Scaling Europe Podcast featured Jordi Romero, Founder and CEO of Factorial, on building an AI-native business and why Europe is one of the best places in the world to build a technology company. Listen here.
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