Spanish-founded HappyRobot joined the unicorn club, raising $150m Series C at a $1.2bn valuation to expand its AI agents beyond logistics into insurance, energy and airlines, working with clients including DHL and Uber. Bending Spoons also made its first acquisition since going public, agreeing to buy Airtable for $1.3bn in an all-cash deal.
Let’s dive in.
💰 Funding rounds
Swedish-Finnish Monava closed funding round as demand for passive drone detection grows. AI-driven acoustic sensing technology deployed across Nordics and Ukraine. Read more here.
Spanish-founded HappyRobot raised $150m Series C at $1.2bn valuation, joining the unicorn club, to expand AI agents for enterprise automation across logistics, insurance, energy, telecommunications and airlines. Read more here.
UK-based 10x Banking secured £40m in equity and debt financing to expand go-to-market offering for core cloud banking software for banks and financial institutions. Read more here.
Dutch Ore Energy raised $43m Series A to commercialise long-duration energy storage using iron-ore batteries that store electricity for up to 100 hours. Read more here.
UK-based AEM secured £16m to expand product portfolio and accelerate development of rare earth-free electric motors for automotive, industrial and marine applications. Read more here.
Zurich-based Exclaim Robotics raised $4.95m pre-Seed to build AI robots for automating data centre maintenance and repair tasks inside live racks. Read more here.
UK-based Aavalynx raised €1.75m pre-Seed to build AI-powered intelligence platform for dispute resolution cases and optimise legal risk management. Read more here.
Paris-based Shiplog raised €807.6k pre-Seed to build agentic customer intelligence for personalisation at scale. Read more here.
Vienna-based Estel Technologies raised €270k pre-Seed to expand AI-powered sales platform for tech staffing firms with demand verification and buyer matching. Read more here.
🤝 M&A
Milan-based Bending Spoons acquired Airtable for $1.3B in its first post-IPO deal to expand its portfolio with the no-code workflow platform. Read more here.
🎧 Podcasts
Scaling Europe Podcast featured Jan Oberhauser, Founder and CEO of n8n, on workflow automation and giving employees meaningful work instead of repetitive tasks. Listen here.
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