January continued to ramp up – European deep tech saw notable fund activity and strong deal flow across sectors. New fund closures and significant rounds in biotech, aerospace, and diagnostics demonstrated sustained investor appetite across stages, with climate tech and life sciences continuing to attract capital.
Interesting read: We put together a list of continental Europe’s deep tech unicorns – check it out!
Policy & ecosystem
- Vi Partners launches $189M for Europe’s deeptech founders, backed by ETH Zurich and Nestlé [Tech Funding News]
- Vanagon Ventures closes €20M fund to fill Europe’s deep tech pre-seed gap [Tech Funding News]
- Metavallon VC launches €5M “Brain Gain” fund to reverse Greece’s tech talent exodus [Tech.eu]
Space tech
- Lausanne-based SWISSto12 secures €73M to develop its compact satellite HummingSat ahead of planned 2027 launch [EU-Startups]
Semiconductors
- CoolSem Technologies raises pre-seed funding for wafer-level thermal innovation [Tech.eu]
Biotech & medtech
- German Biotech Exciva raises €51M in Series B round to advance Alzheimer’s drug testing in patients [Startup Rise / EU-Startups]
- French BioTech company ErVimmune raises €17M to tackle hard-to-treat cancers [EU-Startups]
- This startup uses AI and MRI to see inside eggs, and just raised €55.5M to do the same for fruit and people [Tech Funding News]
- Dresden medtech Cancilico closes €2.5M round to advance AI in oncology [Tech.eu]
Climate, energy & industrial tech
- ABZ Innovation lands €7M to scale autonomous heavy-lift drones [Tech.eu]
- Octarine Bio adds €5M to Series A to advance sustainable colour platform [EU-Startups]
- Finnish Nordic Bioproducts secures strategic investment from Oji to scale cellulose deeptech [Arctic Startup]
- NPHarvest nabs €1.2M from Business Finland to turn waste into fertiliser [Tech Funding News]
- Estonian greentech company RAIKU Packaging selected for L’Oréal’s €100M Sustainable Innovation Accelerator [Arctic Startup]
