European deep tech maintained strong momentum with climate tech funds leading the charge. The Footprint Firm and 2150’s combined €286M in fresh capital, alongside Estonia’s new €12.6M deep tech program, and over 100 EU talent initiatives reinforce the signal that Europe is walking the walk on its efforts to scale innovation infrastructure across the continent.
In case you missed it: Check out our latest roundup – Meet Latvia’s top 10 deep tech startups, according to the Latvians.
Policy & ecosystem
- 2150 closes €210M Fund II, lifts assets to €500M to back urban and industrial climate tech [Tech.eu]
- The Footprint Firm closes €76M Fund I for Northern Europe climate tech [Tech Funding News]
- daphni Blue completes €260M final close for science-driven European investments [Tech.eu]
- Estonia to funnel €12.6M into new early stage deeptech programme [Fomo.Observer]
- Choose Europe for Science: over 100 national and regional initiatives aim to attract global research talent [EC]
- EU Startup and Scaleup Strategy – progress so far and challenges ahead [EC]
- Stockholm University sees ‘enormous’ potential in quantum technology [Science|Business]
AI
- $100M for robots that learn on the factory floor: Lightspeed backs RobCo [Tech Funding News]
Biotech & medtech
- EIB backs Belgian MedTech startup SamanTree Medical with €20M to support real-time surgical imaging [EU-Startups]
- Sweden’s MedVasc raises €2.2M for anesthesia catheter as it moves toward US approval [EU-Startups]
Climate, energy & industrial tech
- German climatetech Co-reactive snaps €6.5M to turn CO₂ into carbon-negative cement [Tech Funding News]
- Finnish startup Carbonaide raises €3.7M to bring CO₂-cured concrete to factories [Tech Funding News]
- Radiant joins Hexa’s Carbon Zero programme and raises €2M to decarbonise industrial heat [Tech.eu]
- Munich startup Twogee Biotech raises €2.16M to turn residual biomass into sustainable building blocks [Tech Funding News]
