Zilch nets $175M, Backed VC closes $100M Fund III, and nd Ukraine’s LIFT99 emerges even stronger after a missile attack
European tech funding continues to see significant activity, with over €736 million invested across more than 60 deals this week. Notably, there were also over 10 exits, mergers, acquisitions, and related developments across the continent. This flurry of activity highlights the dynamic nature of the European tech landscape, particularly within the digital sector. Several companies secured substantial funding rounds, including Zilch, which netted $175 million. FMC also raised €100 million to unveil a new class of memory chips designed for the AI era. These investments showcase the increasing focus on AI and related technologies. The flurry of investment and activity impacts various players in the European market. Investors are showing continued interest in European tech, and entrepreneurs are finding access to funding. This activity creates jobs and supports innovation in key digital sectors like AI and SaaS. Several venture capital firms have also been active. Backed VC closed a $100 million Fund III, while Vendep Capital raised €80 million to support AI-era SaaS founders. These moves indicate a strong belief in the future of European tech.
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