French cleantech startup Blackfuel, led by serial entrepreneur Charles Kantor, has landed contracts totaling €250 million, marking a major commercial milestone for the company.
Copenhagen‑based IoT platform Onomondo raised over €100 million from Aspirity Partners and EIFO to accelerate the rollout of its end‑to‑end connectivity stack, targeting enterprises that need reliable device connectivity across ships, trucks, factories and remote sites.
Blackwall’s security‑infrastructure platform GateKeeper has driven strong revenue growth, leading to an implied valuation of over €1 billion – a 368% increase from the previous year – making it the fifth‑largest tech company in Estonia’s TopTech 2026 ranking.
Swedish entrepreneur Alfred Wahlforss founded the AI company Listen Labs in the United States three years ago. The startup is now being bought by software giant Salesforce in a transaction estimated at about 20 billion Swedish kronor (approximately $1.8 billion).
German deep‑tech startup Reverion secured a €154 million Series B round led by the Deeptech and Climate Fund Kembara, with participation from Allianz, KfW Capital, aurum Impact and Carbon Equity, to fund a new factory that will create 800 jobs and scale up its high‑efficiency gas‑powered fuel‑cell power plants across Europe.
AI startup Instinct, founded in 2023 by Noah Shinn, is set to secure a 10 billion SEK funding round, pushing its valuation close to 100 billion SEK, according to the New York Times Dealbook.
Monzo, the UK challenger bank, is said to be negotiating a sale to Brazil’s Nubank, which could result in a significant acquisition for the digital‑banking startup.
PayPo is considering an IPO on the Warsaw Stock Exchange and may be valued at over 2 billion PLN.
Shelly Group, a Sofia‑based provider of IoT and smart‑building solutions, is being acquired by French energy‑management giant Schneider Electric for about €1.2 billion. The deal, priced at €70 per share, aims to combine Shelly’s hardware‑software platform with Schneider’s global reach while preserving Shelly’s entrepreneurial culture.
Swiss fabless semiconductor company Kandou AI raised $225 million in H1 2026 to boost production of its AI connectivity chips and broaden its market reach.