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€103M to eVTOL vertiports, European climate leaders join forces, and a new supercomputer



This week our research tracked more than 85 tech funding deals worth over €962 million, and over 10 exits, M&A transactions, rumours, and related news stories across Europe. In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.

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💸 Notable and big funding rounds

🇧🇪 Tree Energy Solutions secures €140M to fuel production of electric natural gas derived from green hydrogen 

🇬🇧 Skyports secured over €103M to build vertiports and accelerate its drone business

🇫🇮 Iceye raises $93M growth funding

🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇬🇧 Zellis Group acquired in £1.25B deal

🇩🇪 The Linux Foundation takes over the Bonn startup

🇹🇷 Şok Market purchased İstegelsin for €6.3M

🚀 Interesting moves from investors

🌤️ 50 leading European climatetech founders and investors launch Climate Brick

🥬 Nico Rosberg launches new $75M fund

🗞️ In other (important) news

💸 Fintech on the lead again – HSBC Innovation Banking and Dealroom’s UK Innovation Update

🇪🇺 Early-stage dominance: Insights from PitchBook’s Q1 2024 European Venture report

⚛️ Oxford Instruments Nanoscience and Rigetti launch new supercomputer

🤖 Microsoft and Seedrs launch new AI accelerator

📡 Recommended reads and listens

🇸🇪 10 Swedish startups to watch in 2024

🪲 The third wave of AI is here: Opteran’s “Natural Intelligence” inspired by insect brains

🤝 Bypassing the boys’ club: UK startup Tangent levels the playing field for tech job applicants with $1.1M raise

🐄  Agteria Biotech has found a way to reduce methane emissions from cows

♀️ Hormona bridges the gender data gap in hormonal health, going beyond baby-making

🔭 European tech startups to watch

🌧️ NPHarvest raises €2.2M to recycle nutrients in rainwater

🇨🇭 Isospec Analytics raises $1.9M for molecular analysis in diagnostics

🇳🇱 HealthSage secures €3M seed investment for open-source AI healthcare platform

🇬🇧 Hometree receives funding from Blackrock for further renewable energy acquisitions

🇱🇻 Latvian fintech inGain secures €650,000 for no-code SaaS loan management system

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