Brevo becomes unicorn after a €500M round, Bending Spoons acquires EventBrite, and Europe's biggest H1 edtech deals

European tech funding and M&A activity remained robust this week, with over €1.3 billion invested across more than 65 deals and 15 acquisitions and mergers. A key highlight was the emergence of French CRM firm Brevo, achieving unicorn status with a €500 million funding round, signaling continued investor confidence in European tech. This demonstrates the ongoing growth of Europe's digital economy. Several notable acquisitions also occurred, including Bending Spoons' all-cash deal to acquire Eventbrite for $500 million. Additionally, Black Forest Labs secured a $300 million Series B round, reaching a valuation of $3.25 billion. These transactions highlight the dynamic nature of the European tech landscape, with companies expanding their footprints and consolidating their positions in various markets. These developments affect both investors and businesses operating within the European digital ecosystem. The funding rounds provide capital for growth, while acquisitions reshape the competitive landscape. Furthermore, the news emphasizes the growing importance of European tech, the increasing focus on digital sovereignty, and the need for homegrown alternatives to dominant US-based platforms.