Latest M&A news, deal analysis, and investment insights.
Twentyfour Industries has emerged from stealth with USD 11.8 million from Lakestar, OTB Ventures and 468 Capital to scale production of its Q-X quadcopter, already deployed with European soldiers.
Twentyfour IndustriesUK creator platform Fanvue has secured EUR 20.9 million in Series A funding led by Inner Circle and René Rechtman. The round backs Fanvue’s push to make AI tools a core workflow layer for creators.
Fanvue fundingUK-based Elyos AI has raised EUR 11.1 million in Series A funding led by Blackbird Ventures, with Y Combinator and Pi Labs participating. The company builds AI agents that answer and resolve inbound calls for trades and field services teams.
Elyos AIAllocator One has committed EUR 20 million to Munich-based Vanagon Ventures to scale pre-seed investing in B2B deep tech and AI, a stage many funds avoid due to poor fit with standard SaaS playbooks.
Vanagon VenturesGermany-based Ananda Impact Ventures has announced a EUR 73 million first close for a new fund to back European impact startups. The investor group was not disclosed.
Ananda Impact VenturesUK consumer wellness brand Gutology has raised EUR 2 million in seed funding to scale its microbiome-friendly toothpaste, expand internationally and deepen clinical research.
Gutology fundingBRUM has raised EUR 5 million from Italian Founders Fund to modernise Italy’s driving schools, pushing vocational training deeper into the country’s fast-growing EdTech market.
BRUM fundingUK consumer startup Gutology has raised EUR 1.42m in funding from Midlands Engine Investment Fund II, Mercia Ventures, Active Partners and angels to expand retail reach and international sales.
Gutology fundingGerman startup one.five has raised EUR 14 million in Series A funding to scale an AI-driven platform designed to cut packaging R&D failure rates and accelerate compliant, sustainable material development.
one.five fundingUK insurtech Wrisk has raised a GBP 12 million Series B, with Allianz Holdings joining Alma Mundi Ventures and Opera Tech Ventures, to expand its embedded motor insurance platform across Europe.
Wrisk fundingEquitable Earth has raised EUR 12.6 million from AENU, noa and LocalGlobe to expand its certification programme for nature-based carbon projects after securing ICVCM approval.
Equitable EarthHamburg-based one.five has raised EUR 14 million to scale its AI-led, rapid development approach for sustainable packaging materials, including algae-based solutions. The round brings together strategic and climate-focused backers.
one.fiveGerman healthcare app Clue has received an undisclosed strategic investment from growth investor Verdane. Terms were not disclosed.
VerdaneSaleCycle has acquired France-based BEYABLE in a bid to create a European-owned, full-funnel martech platform for e-commerce. Financial terms were not disclosed.
SaleCyclePlume has acquired Ireland-based Sweepr in an undisclosed deal, pairing device-level network telemetry with an AI-native orchestration engine to reduce support costs and improve subscriber experience for ISPs.
PlumeDassault Aviation has led Harmattan AI’s EUR 190 million Series B, valuing the French autonomous-systems player at EUR 1.4 billion. The move tightens Dassault’s grip on sovereign embedded AI for next-generation combat aviation.
Dassault AviationWarner Bros. Discovery has announced an acquisition of Netflix for EUR 78.57 million. Terms beyond headline value remain undisclosed, and key execution details are still unclear.
Warner Bros. DiscoveryNetflix has agreed to acquire Warner Bros. Discovery’s streaming and studios division, including HBO, HBO Max and Warner Bros. Pictures, in a cash-stock deal valuing the business at USD 72 billion equity.
Netflix Warner Bros. Discovery dealQuantum Computing has agreed to acquire Luminar in a EUR 20.9 million deal, per a recent announcement. Key open questions include scope of assets, liabilities assumed and integration plans.
Quantum ComputingCyera has raised around EUR 380 million in a Series F led by Blackstone, valuing the AI-native data security firm at $9 billion as demand for DSPM tools accelerates.
CyeraUS-based Rain has raised EUR 237.5 million in Series C funding from a large syndicate led by ICONIQ and Sapphire Ventures, alongside several blue-chip venture investors.
Rain fundingOpenAI is acquiring the team behind Convogo in an all-stock acqui-hire, with Convogo’s product set to wind down. The move reinforces OpenAI’s focus on turning frontier models into reliable, workflow-specific enterprise services.
OpenAI acquisitionMobileye is acquiring humanoid robotics startup Mentee Robotics for EUR 855 million, using cash and stock to push beyond automotive autonomy into “physical AI”. The move signals a counter-cyclical expansion as ADAS and AV timelines reset.
Mobileye acquisitionHomebound has announced a EUR 380 million funding, a rare big-ticket check in a subdued US housing and proptech market. The raise reinforces its capital-heavy push to scale homebuilding with a tech-enabled model.
HomeboundNvidia has struck a Groq transaction centered on core assets, IP and an acqui-hire structure, sharpening its position as AI spend shifts from training to inference.
Nvidia Groq dealLMArena has raised EUR 237.5 million, underlining how AI evaluation is hardening into core infrastructure as enterprises seek neutral signals on model performance.
LMArena fundingMML Capital Partners has raised EUR 935 million for MML Keystone I, an oversubscribed debut strategy targeting asset-backed, essential-services businesses across the UK and Europe.
MML Capital PartnersOaktree Capital Management has provided EUR 142.5 million of funding to Germany-based KIK Custom Products. The financing is framed as a rescue loan for the Centerbridge-backed group.
Oaktree Capital ManagementGerman retail investing platform Trade Republic has announced a EUR 1.2 billion funding round. The investor group was not disclosed, leaving valuation and governance implications as key open questions.
Trade RepublicCloudberry has secured EUR 30 million in funding to support its semiconductor-focused plans. The investor was not disclosed in the announcement.
CloudberryDutch biotech TargED Biopharmaceuticals has secured EUR 21.5 million in fresh funding from a syndicate of European life sciences investors to push its targeted approach to thrombotic diseases forward.
TargED BiopharmaceuticalsArval has entered exclusive negotiations to acquire Athlon, targeting scale in European full-service vehicle leasing. The deal would create a near co-leader with about 2.3 million vehicles under management.
ArvalReBirth Group Holding has agreed to acquire a majority stake in French e-bike maker Cowboy in a EUR 15 million deal, aiming to restart production and stabilise operations.
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