Swedish sunglasses brand Chimi, after a costly restructuring with almost SEK 100 million in debt, secured a SEK 45 million capital increase to lower its liabilities, resulting in significant write‑downs for several creditors.
Italian cybersecurity startup Beelzebub raised €3 million in a seed round led by United Ventures, bringing its total funding to €3.3 million. The AI‑native platform protects organisations against AI‑driven attacks and will be used to expand its research team, open offices in Rome and San Francisco, and accelerate European customer acquisition.
Spanish deep‑tech startup Onalabs raised over €9.3 million, led by the Spanish Society for Technological Transformation (SETT), to accelerate the rollout of its non‑invasive, sweat‑based health monitoring platform across Europe.
Nuclear Turbines, a Manchester‑based startup spun out of BAE Systems, announced its first external financing of £15 million led by IQ Capital to develop compact, high‑temperature turbine technology for cheaper modular nuclear power plants.
Romanian fertilizer maker Norofert secured a financing agreement with US fund GEM Global Yield that allows the fund to purchase up to $15 million of shares from major shareholder Vlad Popescu over three years, with the proceeds earmarked for scaling production and expanding into the US and Brazilian markets.
On 27 July 2026, Romanian company Autonom Services placed a €30 million autonomous bond (AUT31E) with a 5.97% fixed coupon on the Bucharest Stock Exchange. The issue, consisting of 300 bonds of €100,000 each, was oversubscribed by nine institutional investors and will fund the firm’s growth and sustainability plans.
Spanish AI scale‑up Multiverse Computing is seeking a €500 million Series C round that would bring its total funding above €700 million and value the company at €2 billion. The round is co‑led by Forgepoint Capital, Bullhound Capital and BNP Paribas’s Solar Impulse Venture Fund and includes a mix of European, North‑American and Middle‑Eastern investors. Funds will be used to boost model‑compression technology, R&D and global expansion.
Candela, a Swedish mobility startup focused on commercial public transport, appointed a new CEO and secured 320 million SEK in a recent large share issuance. While the latest figures show rising losses, the fresh capital is aimed at supporting the company’s expansion plans.
Babylon Facilities, a spin‑off of Rome‑based Babylon Cloud, raised €12 million in a three‑tranche equity round and accompanying debt instruments to build a 3 MW+ data centre powered entirely by solar energy, aiming to generate more electricity than it consumes.
Portuguese startup Pollen raised €3.2 million in a seed round led by Pale Blue Dot and Mustard Seed Maze to expand its battery‑swapping network for electric motorcycles across Europe.