Italian startup Bending Spoons announced it will acquire collaborative whiteboard platform Miro for $1.355 billion, planning to invest heavily in product performance and long‑term growth.
Spanish travel‑tech startup Perk raised a $300 million private credit facility in the first half of 2026, providing capital for product and AI development as well as international expansion, notably launching its expense‑management solution in the US.
Samsung backed French generative‑AI startup Mistral AI in a Series B round to secure access to cutting‑edge language‑model technology and strengthen its AI portfolio for consumer devices and enterprise solutions.
US AI coding platform Replit announced the launch of its European hub in London, hiring 20 staff locally and targeting up to 100 employees by early 2025. The move follows a $400 million funding round in March and reflects the company’s strategy to diversify beyond Silicon Valley and tap into London’s diverse talent pool.
UK AI chip designer Fractile, founded in 2022 by Oxford PhD Walter Goodwin, is raising a $600 million round at a $5.6 billion valuation. The round includes backing from Cocoa Ventures, Accel and Founders Fund. The company, which has yet to launch a commercial product, claims its architecture can run large language models up to 100 times faster while cutting operational costs by 90 %. It aims to have its specialised chips ready for data‑centre deployment by 2027 and has signed a sales deal with Anthropic. Executive Carmen Alfonso Rico, now VP of Business Operations, highlighted the company’s potential to become Britain’s first trillion‑dollar firm.
Refurbed, the Vienna‑based refurbished electronics marketplace, announced that co‑founder Kilian Kaminski will be a keynote speaker at the EU‑Startups Summit 2027 in Malta, where he will discuss sustainable entrepreneurship and circular business models.
Dutch deep‑tech battery startup LeydenJar, spun out of TNO, has raised more than €100 million to commercialise its pure‑silicon lithium‑ion battery anodes, with a production plant slated to start in early 2027.
Molten Ventures secured a £175 million first close for its Ventures Growth Fund, backed by a £75 million cornerstone from the British Business Bank, to support Series B‑plus technology companies in the UK and Europe.
Hugging Face’s $12.9 billion sale highlights the scale of valuation possible for AI‑focused startups, but also underscores the difficulty European founders face in reaching similar exits, prompting a mixed view of the deal across Europe’s tech community
Claret Capital announced the closing of a €575 million fourth debt fund, targeting European startups that are often overlooked by traditional lenders. The fund will expand the firm’s venture‑debt offering across the continent, helping founders secure growth capital without diluting equity.