Lithuanian web‑intelligence startup Oxylabs, founded in 2015 and previously bootstrapped, raised €113.6 million from Warburg Pincus in July 2026, becoming Lithuania’s newest unicorn with a €3.1 billion valuation.
Metycle, a Cologne‑based platform for secondary copper and aluminium, secured a €131.7 million credit facility from Rivonia Road Capital, giving it the capacity to finance bigger metal trades, increase recycled feedstock volumes and scale its operations across 15 countries.
Netherlands‑founded Bird (formerly MessageBird), a business communications SaaS platform, secured a $450 million debt package led by JP Morgan, Capital One and Citi. The financing will be used to give liquidity to shareholders rather than fund growth, as the company has cut its workforce from a peak of over 1,000 to 120 employees while repositioning around AI‑driven messaging services.
Portuguese spin‑off TEKEVER, a 25‑year‑old autonomous drone specialist, secured $580 million in a Series D round led by UC Investments and Baillie Gifford, pushing its valuation to $6.4 billion. The funding will fuel international expansion, technology development and further acquisitions, reinforcing its role as Europe’s top AI‑powered defence drone provider.
Basecamp Research, a London‑based AI life‑sciences startup founded in 2019, closed a $140 million Series C round led by S32, with participation from Nvidia, Anthropic and several European and UK investors. The funding will be used to develop next‑generation AI models and push its AI‑designed therapeutic pipeline toward clinical development.
Noxtua, a Berlin‑based legal AI startup founded in 2017, raised over €100 million in a Series C round, giving publishing group C.H.BECK a majority stake and adding MANZ as a new investor. The funding will accelerate product development and European expansion, bringing its curated‑data legal AI to more markets.
Finnish startup Verda has raised billions of euros, becoming a unicorn, and will construct a large data centre in Sundsvall, Sweden, backed by investors such as By Founders, to support faster AI development.
Danish defence‑tech venture capital firms Final Frontier and Myriad have combined under the Final Frontier brand and are targeting a €100 million Fund II to invest in early‑stage defence technology companies across the New Nordics and Ukraine, aiming to strengthen Europe’s defence ecosystem.
European nuclear‑energy startup Newcleo is set to become a publicly traded company on the Nasdaq after completing a SPAC merger with NewHold Investment Corp. III. The deal, valued at a pre‑money $2.4 billion and backed by a $429 million PIPE and trust cash, is expected to close on 21 September 2026, with shares trading from 22 September. The financing will support Newcleo’s rapid expansion in the U.S. market.
Bulgarian spacetech startup EnduroSat raised $205 million (€178 million) in a round co‑led by Riot Ventures and Atreides Management, bringing its valuation above $1 billion and granting it unicorn status, with a broad syndicate of investors supporting its satellite fleet expansion.