European deep tech scaled new heights with landmark moves in semiconductors, space, and compute infrastructure. Germany’s €18B High-Tech Agenda and the multi-billion Scaleup Europe Fund signaled ambitious public-private coordination, while industry giants like Nvidia, Google Ventures, and aerospace leaders doubled down on European innovation with billion-dollar bets.
Policy & ecosystem
- Germany launches €18B High-Tech Agenda [Science | Business]
- Commission partners with private investors to set up multi-billion Scaleup Europe Fund [Press release]
- Netherlands launches ChipNL Competence Centre to supercharge the Dutch semiconductor sector [Silicon Canals]
- Europe has an ambitious quantum strategy – and Latvia’s in that picture, too [Labs of Latvia]
- Latvia is developing the first quantum key distribution network in the Baltics [Labs of Latvia]
Quantum & frontier tech
- Q.ANT passes $80M in total funding in Europe’s largest photonic computing raise [TFN]
- Nvidia makes $1B investment in Nokia [Tech.eu]
Spacetech
- Bulgarian satellite maker EnduroSat raises €89.9M from Google Ventures, others; unveils new space centre in Sofia [Silicon Canals]
- Airbus, Leonardo & Thales join forces to build Europe’s SpaceX rival; new company to employ 25,000 across Europe [Silicon Canals]
Biotech & medtech
- Cellcolabs secures $12M to drive technical development [Tech.eu]
- DAB.bio secures new funding from Navus Ventures and others to advance fermentation technology [Silicon Canals]
- Sweden’s Lithea raises €851k to develop targeted therapy for childhood bone cancer [Startup Rise]
- Oat’s genetic diversity decoded [TUM]
Climate, energy & industrial tech
- Paris-based Altrove raises $10M to accelerate AI-designed alternatives to critical materials [Tech.eu]
- Hyperdrives cracks the ‘holy grail’ of EV motor cooling with manufacturable direct-conductor tech [Tech.eu]
- Tethys Robotics zips €3.5M to scale autonomous underwater inspection drone [TFN]
- AmphiStar secures €2.5M SPRIND funding to speed circular biosurfactants [Tech.eu]
- France’s Dracula Technologies extends Series A to €30M to scale ambient-light energy solutions for battery-free IoT [Startup Rise]
