US Networking Giant Ciena Acquires Italian Photonics Startup PhotonPath

Italian deep‑tech startup PhotonPath, founded in 2019 as a spin‑off from Politecnico di Milano and backed by several European investors, was acquired in full by US‑listed company Ciena. The deal, whose financial terms were not disclosed, marks a new development phase for the Milan‑based photonics company, which will keep its staff and headquarters in Italy.

Belgian AI Safety-Testing Startup IVEX Secures €5 Million Series A to Expand Globally

Belgian deep‑tech spin‑out IVEX, founded in 2018 from KU Leuven, secured a €5 million Series A to scale its AI‑driven platform that automates vehicle safety‑testing data analysis, aiming to become the operating system for automotive safety testing and to grow its market reach beyond Europe.

London Deeptech Startup Anemo Labs Secures £700k to Advance AI-Powered Electronic Nose for Disease Detection

London‑based deeptech startup Anemo Labs secured £700k in a pre‑seed round led by Zinc and SFC Capital, with support from Innovate UK, to advance its AI‑driven electronic nose technology for non‑invasive disease screening via volatile organic compounds in urine.

Swedish Semiconductor Startup NordAmps Secures Nasdaq Listing Approval, IPO Set for September 2026

NordAmps, a deep‑tech fabless semiconductor company based in Lund, Sweden, secured conditional approval to list on Nasdaq First North Growth Market and announced an IPO slated for September 2026, aiming to raise capital to accelerate commercialization of its proprietary vertical nanowire transistor technology for communication systems.

Uplift Ventures Launches €100 Million Fund to Back European Deep-Tech Startups

Uplift Ventures announced the creation of a €100 million fund aimed at closing the financing gap for European deep‑tech companies, especially those developing Physical AI, Energy, Enterprise AI and Logistics solutions. The fund will back up to 20 startups and will be supported by Jungheinrich, with the firm taking flexible roles from lead to co‑lead investor.