Sector
The technology sector remains a dominant driver of mid-market M&A activity. From enterprise software and SaaS platforms to semiconductor supply chains and IT services, strategic buyers and financial sponsors continue to pursue deals that deliver digital capabilities and market access.
Strategic Management Partners has acquired a 60% stake in Italian GRC specialist Gesta, positioning it as the group’s governance, risk and compliance hub to support domestic and international expansion.
NVM Venture Lazio has launched with a EUR 24 million first close, backed by Lazio Innova via the Lazio Venture 2 programme. The fund will target 10-15 pre-seed and seed deeptech companies with dual-use applications.
Siena AI has secured a EUR 17 million Series A led by York IE to scale AI customer-service agents for consumer brands. The round brings total funding to EUR 29.7 million.
Munich-based RobCo has completed a new equity transaction backed by Sequoia, Lightspeed, Greenfield, Kindred and others, extending momentum after its $100m Series C and subsequent unicorn valuation step-up.
Berlin-based Deepslate raised EUR 7.7 million to build EU-hosted speech-to-speech models for regulated customers. The seed round signals growing demand for data-sovereign AI stacks in Europe.
London-based voice AI company ElevenLabs completed a $300m employee tender offer led by Wellington and T. Rowe Price at a $22bn valuation, extending a rapid repricing cycle in generative AI.
Stockholm-based IPercept has raised $16.5m (~EUR 15m) Series A co-led by Isogon Ventures and 2150 to expand in the US and deepen its CNC diagnostics product.
Berlin-based Everphone has secured EUR 15 million from Commerzbank and KfW to finance devices for its circular Device-as-a-Service offering to enterprise customers.
Norway’s Pistachio has acquired the intellectual property and technology of Hugin.io from a bankruptcy estate. The asset deal signals a low-risk entry into cybersecurity compliance, with a new product planned for 2027.
Milan-based Complaion has raised EUR 13.5 million in a round co-led by Eurazeo and Italian Founders Fund to scale its ISO and EU-regulatory compliance platform for SMEs across Europe.
Eureka! Fund II – Deep Tech Lazio has launched with EUR 20 million to back early-stage deep tech and STEP technologies, anchored by Lazio Innova. The vehicle targets the funding gap between research and commercialization in Italy’s Lazio region.
CVC Capital Partners has bought a minority stake in Czech internet infrastructure provider CDN77, marking the company’s first external investment and a rare, high-visibility digital infrastructure deal in the region.
FintechOS has raised EUR 28 million in a mix of equity and debt from existing backers and Santander CIB. The Romania-founded, London-based fintech plans to expand in the US while deepening its European client base.
Belgian solo-GP NewSchool VC has closed its first fund at EUR 10 million to back pre-seed and seed B2B technology startups across Europe, with most capital earmarked for Belgium.
France's Hackuity has closed a $19 million funding round led by Forgepoint Capital International to expand its AI-powered Vulnerability Operations Center and accelerate product innovation.
Rome-based Exein raised $270 million (~EUR 250m) led by Headline, reaching a $1.7 billion valuation. The round spotlights investor focus on cybersecurity for robots, industrial machines and other AI-enabled physical systems.
Lyon-based Hackuity has secured EUR 19 million from Forgepoint Capital International, Bright Pixel, Bpifrance and Seventure Partners to expand internationally and accelerate product development for operational vulnerability management.
Bulgarian satellite manufacturer EnduroSat has raised $205 million (~EUR 190m) to expand production capacity and push further into the US commercial space market.
Finnish SAR satellite operator ICEYE has raised EUR 900 million in fresh funding to accelerate delivery of space-based ISR systems and data services for government customers across Europe.
Gallant-backed Fime has acquired French IoT cybersecurity specialist Red Alert Labs, adding accredited evaluation and compliance automation via the CyberPass platform. Terms were not disclosed.