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.
geoSurge, a UK-based DeepTech AI company, raised €10 million in a Seed round led by AlbionVC to expand its teams, infrastructure, and Corpus Engineering discipline. The funding aims to help brands understand and influence their representation in AI-generated outputs.
The University of Edinburgh, known for its deeptech spinouts, is supporting emerging startups seeking funding to advance their technologies. A recent spinout has secured €3.5 million in growth-stage funding led by HBL.
Swedish deeptech company Digiclean has raised €2.5 million in a seed funding round to advance its AI and sensor-based platform for optimizing industrial cleaning processes. The platform, deployed at over 20 sites in Sweden, uses real-time data to automate chemical dosing, reduce waste, and improve regulatory compliance.
Przemysław Kadula, co-founder of Pirxe and vice president of the Polish HR Forum, explores AI’s influence on future work and spatial AI’s potential to transform e-commerce and marketing in a MamStartup podcast episode.
Vegvisir, an Estonian defense tech startup, secured venture funding from Iron Wolf Capital to advance its command-and-control software for multi-domain military operations. The platform aims to unify manned and unmanned systems across ground, air, maritime, and sub-sea domains, addressing interoperability challenges in modern warfare.
Swiss engineering startup Subatron has secured €162,000 from Venture Kick to develop a new underwater communication platform. The technology aims to improve real-time data transmission for underwater vehicles, divers, and monitoring systems by addressing limitations of conventional wireless systems. Funds will support market entry in Switzerland and Europe.
Archimede, a Sicilian deeptech startup, raised 1.5 million euros in a seed round led by Primo Capital. The company develops ArchMesh, a modular off-grid infrastructure management solution integrating predictive energy management, satellite connectivity, and low-code software. Funds will support scaling and international expansion.
Neuroelectrics, a neurotechnology company co-founded by Ana Maiques, was recognized for its work in brain research, neurological disease diagnosis, and non-pharmacological therapies through brain stimulation. The company aims to position Spanish neurotechnology among the world’s most advanced.
Polish defense company PGZ and Ukrainian firm TAF Industries signed an intent letter to collaborate on drone production.