Tech Scoop for Europe: Investments surpass €1.3B, with 10 major deals accounting for about 85% of the funds
**European Tech Sector Sees Over €1.3 Billion in Funding Deals Last Week**
The European tech sector experienced a flurry of activity last week, with over 90 tech-related events recorded, including funding deals, exits, M&A transactions, rumours, and news stories. The total value of these events exceeded €1.3 billion, reflecting the continued growth and investment in the region.
The artificial intelligence industry led the way, raising a significant €662 million last week. Companies from Germany secured the highest funding amount, with a total of €658.5 million, followed by France with €196.4 million and Sweden with €199.3 million.
One of the most notable deals was Helsing, a German defence tech company based in Munich, which raised a massive €600 million in a Series D round for its AI-driven software. This deal catapulted Helsing to become one of Europe’s highest-valued private companies with a €12 billion valuation, underscoring the growing prominence of defence tech in Europe.
Proxima Fusion, another German company based in Munich, secured €130 million in Series A funding to develop advanced stellarator fusion reactors aimed at clean energy production. This comes as part of a total €185 million backing and highlights the continent’s push towards fusion energy innovation.
In the UK, Isomorphic Labs, an AI drug discovery company based in London, raised €508 million, demonstrating the country's strong lead in AI and biotech sectors. Meanwhile, Nabla, a French fintech and AI company based in Paris, closed a €59.4 million Series C round, further indicating France's active fintech and AI landscape.
Smaller rounds also featured AI startups like Deepdots in Copenhagen, Denmark, which raised €5.5 million to build a platform for automated user review analysis, reflecting Scandinavian innovation in AI tools.
The transportation industry also saw significant investment last week, raising €174.5 million in tech funding deals. The software industry raised €79.5 million, showing continued investor interest in this sector.
Looking at the broader trends, European tech companies raised a total of €6.5 billion across 323 deals in June 2025, an 18% increase from May. The UK was the largest single country by funding raised in June, attracting €1.8 billion, especially in fintech and AI sectors.
In conclusion, the last week's top European tech funding deals have strongly favored AI, biotech, defence, and clean energy sectors, with Germany and the UK leading in deal sizes, followed by active contributions from France and the Nordics. This aligns with the broader June 2025 trends where fintech and enterprise software also remained attractive investment areas.
Investors continued to show keen interest in technological advancements, as the artificial intelligence sector raised a staggering €662 million in funding deals last week. This trend was further evident in the broader June 2025 trends, where fintech and enterprise software remained attractive investment areas, accounting for significant funding amounts.
