IQM Quantum Computers, a Finland-based quantum computing company, became the first European quantum tech firm to go public, listing on Nasdaq and the Helsinki Stock Exchange. The IPO included €127 million in PIPE financing, with Tesi as a lead investor. The company, founded in 2018, has raised €475 million total funding and operates quantum systems for global clients.
The e-commerce company behind YMR Track Club has been declared bankrupt, just three months after its founder stated the company had made a ‘comeback’ and was not in an acute crisis.
Matsmart’s valuation fell 77% after additional capital injections and strategic exits from several countries. CEO Sofie Zettergren aims to cut costs and reach profitability by 2028.
Polish company Liftero S.A., specializing in satellite propulsion systems, debuted on the NewConnect stock exchange with a 43% rise in share price.
Digmi, a SaaS company aiming to improve efficiency for hair salons, has filed for bankruptcy after failing to scale effectively. CEO Jon Berglund stated that the company explored multiple serious solutions but ultimately could not reach a viable resolution.
QDE, a mobile gaming studio founded by former King executives, is closing operations despite securing significant funding last year. The company’s shutdown follows internal reports of financial challenges in scaling mobile gaming.
Einride, a Swedish freight company, started trading on the Nasdaq stock exchange in New York
Christian Tour, one of Romania’s largest travel agencies founded in 1997, announces its Initial Public Offering on the Bucharest Stock Exchange under ticker symbol TRIP. The IPO will run from May 21-28, 2026, with share prices between 1.875 and 2.135 lei. The offering includes up to 69.5 million newly-issued shares and up to 14 million existing shares from founder Cristian Pandel’s investment vehicle. The company generated 983 million lei in 2025 sales, representing 14% growth year-over-year, with net profit of 31.9 million lei.
Portuguese holding company Semapa reported Q1 2026 results showing 513.3 million euros in profits, primarily from the sale of cement company Secil for 1.4 billion euros. Operating performance declined with consolidated revenue at 478.4 million euros (down 14.1%) and EBITDA contracting 40.7% to 70.9 million euros. The company invested 102.9 million euros, including reinforced investment in Gropyus and new investments in CarbonRe and Sybilion through its venture capital arm Semapa Next.