Latest M&A news, deal analysis, and investment insights.
UK-based financial services firm Teybridge Capital Europe has secured EUR 5.2 million in funding from an undisclosed investor, earmarked for expansion and hiring in London.
Teybridge Capital EuropePAI Partners has completed the acquisition of Tecnova HT in Italy from shareholders Livio Dacco, Andrea Giovane and Silvia Giovane. Financial terms were not disclosed.
PAI PartnersUK gene-editing specialist Tropic has raised EUR 105 million in an oversubscribed Series C led by Forbion and Corteva. The round backs commercial scale-up of disease-resistant bananas and climate-resilient rice.
Tropic fundingRamp has acquired Stockholm- and London-based Billhop as it prepares a Europe launch this summer. The deal gives Ramp regulatory payments authorisation in both the UK and EU and accelerates its local-first buildout.
RampXenon Private Equity VIII has agreed to acquire Italy-based Eles Semiconductor Equipment in an undisclosed-value transaction, adding another sponsor-backed platform to the semiconductor equipment ecosystem.
Xenon Private Equity VIIIUK AI infrastructure builder Nscale has raised EUR 1.81bn in a Series C led by Aker ASA and 8090 Industries, with strategic backing from Nvidia, Dell and Lenovo. The round underwrites an aggressive multi-country data centre build-out despite Europe’s power constraints.
Nscale fundingEquitix has agreed to acquire a 95% stake in Enerland, an Italian company that owns a biogas plant in the Bologna area. Financial terms were not disclosed.
EquitixTowerBrook-backed Azzurri Group is exploring a sale of Dave’s Hot Chicken’s UK and European franchise rights, despite previously flagging aggressive rollout plans.
TowerBrook Capital PartnersDutch AI chipmaker Axelera AI has raised EUR 231.48 million in a $250+ million Series C round, with BlackRock joining as a new investor. The financing is being positioned as a milestone for Europe’s AI semiconductor ambitions and on-device inference demand.
Axelera AI fundingEnergy market intelligence firm Energy Aspects has agreed to acquire Paris-based Kayrros in an undisclosed deal, adding satellite-based monitoring and geospatial analytics to its data stack.
Energy AspectsDutch medical robotics company Vitestro raised EUR 64.81 million in an oversubscribed Series B, adding strategic investors including Labcorp Venture Fund, Mayo Clinic and Sutter Health. The round funds FDA De Novo work, manufacturing scale-up and commercial readiness for its autonomous blood-draw system.
VitestroCanal+ and STUDIOCANAL have agreed to acquire a majority stake in Italian distributor-producer Lucky Red for EUR 27 million, extending STUDIOCANAL’s direct footprint into Italy.
Canal+ Lucky RedNetherlands-based Wonderful has raised EUR 138.89 million in Series B funding led by Insight Partners, as investors back enterprise AI agents built for regulated workflows and non-English markets.
Wonderful fundingUK medtech Combat Medical has raised EUR 3.13m in a Series A first close to fund a Phase 3 FDA trial for its HIVEC bladder cancer device, backed by the T&J Meyer Family Foundation alongside Varia Ventures and NW Angel Fund.
Combat MedicalUK simulation platform Hadean has raised EUR 2.53 million in a bridge round backed by British Business Bank and new and existing investors. The company is pivoting from metaverse infrastructure into defence-grade synthetic wargaming and training.
Hadean fundingItalian fraud detection specialist Cleafy has raised EUR 12 million from United Ventures and eCAPITAL to develop real-time bank fraud detection technology.
CleafyParis-based VC Elaia has closed DTS3 at EUR 134 million to back European pre-seed and seed deep tech startups. The fund exceeded its EUR 120 million target, signalling sustained LP demand for research-driven venture in Europe.
ElaiaXenon Private Equity has acquired Italimpresa in Italy, in an undisclosed transaction. The announcement adds another asset to Xenon’s build-up strategy, with key details on scope and integration still to be clarified.
Xenon Private EquityThe European Investment Fund has committed EUR 20 million to DaVinci Growth Capital Fund, backing an Italy-focused strategy targeting growth-phase tech and innovation companies in an underserved segment.
EIFImpresa Pizzarotti & C has obtained a EUR 30 million bridge financing as it works through a negotiated settlement and keeps execution on major infrastructure contracts moving.
Impresa PizzarottiQuattroR has taken its MidCap vehicle past EUR 260 million at final close, exceeding target and reinforcing demand from Italian institutions for growth capital in domestic SMEs.
QuattroRArdian has acquired Casaforte Self Storage in Italy from founder Cesare Carcano and his family. Financial terms were not disclosed.
ArdianAustrian technology company Another Earth has secured EUR 3.5 million in funding from a syndicate including Wake-Up Capital and Rockstart to scale its AI data and simulation platform.
Another Earth fundingBertram-backed Cogency Global has acquired UK corporate services provider Elemental CoSec for an undisclosed amount, adding to its platform build-out in governance and compliance services.
BertramBertram Capital has acquired UK-based Elemental CoSec for an undisclosed amount. The announcement signals a continued push by US private equity sponsors into the UK, with integration and commercial execution now the key variables.
Bertram CapitalOutpost has raised EUR 16.2 million in funding from Ribbit and Better Tomorrow Ventures, adding fresh capital to its cross-border merchant proposition.
Outpost fundingGIC and TCorp have agreed to acquire Kelda Holdings for EUR 722.89 million, adding exposure to UK regulated water infrastructure as the sector enters a fresh investment cycle.
Kelda Holdings2PointZero Group has agreed to acquire Italy’s ISEM for EUR 160 million, adding a luxury secondary packaging platform with blue-chip beauty and fashion clients and an AI-led operating agenda.
2PointZero GroupIren has mandated Rothschild and IMI-Intesa Sanpaolo to run a sale process for Iren Green Generation Tech, according to BeBeez. The move reads as capital recycling inside an increasingly crowded Italian renewables build-out.
IrenItalian buyout firm Quattro R is preparing to exit Massimo Zanetti Beverage Group less than two years after taking a stake. Financial terms and timing have not been disclosed.
Quattro RUK startup Outpost has raised EUR 15 million from Ribbit and Better Tomorrow Ventures to build a “liability-free” platform for cross-border commerce.
Outpost fundingFrench offensive security startup Escape raised EUR 18 million in a Series A led by Balderton to automate discovery, pentesting and remediation with AI agents as teams move beyond legacy scanners.
Escape fundingSwiss biotech Seprify has raised EUR 13.4 million in Series A funding backed by Inter IKEA Group and other investors to scale plant-based cellulose ingredients for cosmetics and food.
SeprifyNeva SGR has announced a EUR 40 million funding package aimed at Lombardy-based cleantech startups, adding fresh Italian capital to energy-transition innovation with execution and deployment as the key test.
Neva SGRBlue Owl Capital has agreed to acquire Swiss digital employee experience specialist Nexthink for EUR 694.44 million, backing continued enterprise demand for AI-driven IT analytics and automation.
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