Latest M&A news, deal analysis, and investment insights.
UK biotech Antiverse has secured EUR 8.84 million in funding led by Soulmates Ventures to expand its AI-designed antibody discovery platform and push internal programmes toward in vivo and preclinical milestones.
AntiverseFlink has raised EUR 95 million from Prosus and Btomorrow Ventures to fund targeted expansion. The financing underlines continued investor appetite for scaled European quick commerce platforms with clear routes to market leadership.
Flink fundingUK quantum algorithms developer Phasecraft has raised EUR 19.84 million from Plural to accelerate near-term quantum simulation for industrial materials and optimisation use cases.
Phasecraft fundingUK startup Bindbridge has raised EUR 5.08 million seed funding led by Speedinvest and Nucleus Capital to advance its BRIDGE platform for designing next-generation crop protection molecules.
Bindbridge fundingBain Capital has agreed to acquire a majority stake in Sweden’s Tingstad, a Nordic distributor of non-food consumables. Financial terms were not disclosed; founder Paul Jigberg will retain a minority stake.
Bain Capital TingstadBioInnovation Institute has committed EUR 1.3 million in follow-on funding to five Danish startups, including healthcare players Synuca Therapeutics, Gefjon Pharma and Diasense, through its Venture House 8 cohort.
BioInnovation InstituteBessemer Venture Partners has acquired German transportation target Cargofive for EUR 20 million. Terms beyond headline consideration and strategic intent were not disclosed.
Bessemer Venture PartnersSwiss wearable biosensing company Xsensio has raised EUR 6.65 million in an oversubscribed Series A led by WI Harper, with Privilège Ventures, the European Innovation Council and private investors joining.
XsensioEU technology startup Tangled has raised EUR 4.28 million in funding from byFounders, Bain Capital Crypto and Antler to build what it describes as Europe-native code infrastructure.
Tangled fundingSwiss startup Fainite has secured about EUR 0.17 million from Venture Kick to speed up physics-based engineering simulations and push its platform towards enterprise adoption.
FainiteSwedish autonomous freight and electric trucking player Einride has secured EUR 107.35 million in oversubscribed PIPE financing ahead of its planned SPAC merger in early 2026.
Einride fundingH.I.G. WhiteHorse has provided a EUR 120 million unitranche package to back French family-owned Nasta Pet Food’s acquisition of Canada’s FirstMate, reinforcing a broader trend of debt-funded cross-border growth in pet nutrition.
H.I.G. WhiteHorseUK-based Callosum has secured EUR 8.06 million in funding from Plural and the Advanced Research and Invention Agency, backing its push to reduce AI “monoculture” risk.
CallosumOxford Biomedica rejected EQT's unsolicited proposals as undervaluing the business. EQT has now confirmed it does not intend to make an offer under UK takeover rules.
Oxford BiomedicaSwiss valet-storage startup storabble has acquired Germany's on-storage, taking over its technology platform and brand assets. The deal signals a shift to M&A-led expansion across Europe, with terms undisclosed.
storabbleMultiples PE-backed Zenex Animal Health has acquired Dutch phytogenics specialist VievePharm for an undisclosed amount, adding Western European manufacturing and bolus technology to its naturals portfolio.
Multiples PEAdvent International has finalised its acquisition of Bulgaria-based tbi bank following ECB approval. The deal signals sustained private equity appetite for regulated, digital-first lenders and payments platforms in Southeast Europe.
Advent InternationalUK autonomous driving developer Wayve raised EUR 698.43 million in Series D funding led by Eclipse, Balderton and SoftBank. The round backs Wayve’s plan to license its onboard, mapless AI Driver to automakers and fleets globally.
WayveEquitix Next Generation Fund-backed Andion CH4 Renewables has agreed to acquire the Cella Dati biomethane plant from IREN and SAR. The deal adds a grid-connected 45 GWh asset, with expansion planned to 56 GWh, as consolidation accelerates in Italy.
Equitix Next Generation FundJC Flowers has acquired Italian insurance broker Exe Insurance Broker. Financial terms were not disclosed and further details on the ownership transition remain limited.
JC FlowersIndutrade has acquired Italian automotive aftermarket specialist CAT Ricambi for EUR 30 million, expanding its footprint in Northern Italy and deepening its position in spare parts distribution.
IndutradeAmsterdam-based Sparqle has raised EUR 1.5 million, including backing from the European Union, to expand its emission-free last-mile delivery platform across Europe.
Sparqle fundingLondon-based Encord raised EUR 50 million in a Series C led by Wellington Management to expand its data infrastructure platform for physical AI teams. Existing backers including Y Combinator and CRV re-upped alongside new investors.
EncordGerman AI foodtech Foodforecast has raised EUR 8 million from SHIFT Invest, ECBF, Future Food Fund and Aeronaut Invest to expand internationally and deepen adoption in retail, bakery and food service demand planning.
FoodforecastLondon-based SolveAI has raised EUR 35.43 million to scale an enterprise AI coding platform built for security, compliance and real deployment, not prototypes.
SolveAIPoland’s FlyFocus has raised EUR 4.5 million in its first institutional round to scale in-house UAV platforms and software, backed by NCBR Investment Fund and local investors.
FlyFocusUK compute software startup Callosum has raised EUR 9.74 million from Plural and ARIA to build orchestration software that runs AI workloads across mixed chip fleets, aiming to cut cost and reduce dependence on monolithic GPU stacks.
Callosum fundingArthur J. Gallagher & Co. has acquired Krose GmbH & Co. KG in Germany. Financial terms were not disclosed.
Arthur J. GallagherSeraphim Space has secured EUR 95 million for its latest early-stage SpaceTech venture fund, drawing in UK government-backed capital and strategic satellite operators. The close underlines growing appetite for space-enabled AI and security-linked applications.
Seraphim SpaceHIG Capital has acquired Italian industrial player Fastpoint in an undisclosed deal, reinforcing the ongoing private equity-driven consolidation across niche manufacturing and distribution segments.
HIG CapitalKredo has raised an undisclosed amount in a newly announced funding round. The Swiss financial services provider says the capital will support its push in the SME financing market.
KredoEindhoven-based Axelera AI has raised EUR 237.5 million in a funding round led by Innovation Industries with participation from BlackRock and SiteGround. The capital backs scaling its Europa edge AI inference chips and software stack ahead of a planned launch before June 2026.
Axelera AI fundingillimity Credit & Corporate Turnaround Fund has acquired a majority stake in Italy's Noberasco. Financial terms were not disclosed.
illimity Credit & Corporate Turnaround FundCVC-backed Syntegon has secured EUR 648 million of new funding, increasing leverage to support a shareholder payout and ongoing investment in pharma and food processing and packaging technology.
SyntegonMunich-based Secfix has raised EUR 11.4 million in an oversubscribed Series A led by Alstin Capital, with Bayern Kapital and neosfer participating. The round backs an AI-native push to operationalise complex European security and regulatory frameworks, including the EU AI Act.
Secfix