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.
Novadip Biosciences, a Belgian late‑stage biotech focused on regenerative bone therapies, raised €10.4 million in a convertible financing round led by New Science Ventures. The funds will support a pivotal Phase 3 trial of its autologous graft NVD003 and enable the company to draw on an €18 million EIB loan tranche, advancing regulatory filings and future commercial plans.
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.
ElevenLabs, a Polish‑founded AI voice‑generation startup, secured a $500 million Series D financing led by Sequoia Capital, pushing its valuation to $11 billion. The funding round also saw Poland become an equity investor. The company’s growth is highlighted as a showcase of Central and Eastern Europe’s tech potential.
US legal‑tech AI startup Harvey announced the closing of a massive funding round that lifted its valuation to about 148 billion SEK, a development noted as a competitive move against Swedish AI‑law firm Legora, which is targeting a 100 billion SEK valuation.
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.