Home » Solar Foods bags €77.8M package, €500M defence and dual-use growth fund EDM launched, and warning for Europe’s silicon photonics

Solar Foods bags €77.8M package, €500M defence and dual-use growth fund EDM launched, and warning for Europe’s silicon photonics

Solar Foods bags €77.8M package, €500M defence and dual-use growth fund EDM launched, and warning for Europe’s silicon photonics

This post was originally published on this site.

This week, we tracked more than 60 tech funding deals worth over €585 million and 3 exits, M&A transactions, rumours, and related news stories across Europe.

If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox.

Either way, let’s get you up to speed.


💸 Notable and big funding rounds

🇫🇮 Solar Foods wins €77.8M funding package for Factory 02 expansion

🇬🇧  As AI agents become employees, NewCore emerges with $66M to give them identities

🇬🇧  Former Palantir employees raise $60M for AI enterprise startup Conduct


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇩🇪  DeepL acquires US audio stadium streaming business Mixhalo

🇬🇧 The Citation Group has announced the acquisition of PayCaptain

🇳🇱  Wise acquires expat information business Expatica


🚀 Interesting moves from investors

💰 Anterra Capital reaches $100M first close for Fund III to back next-gen food and agritech innovation

💸 Wave Ventures marks decade with €10M fund and founder grants

💰 EXANTE launches €1M fund to support critical open-source infrastructure

💵 BAE Systems launches €50M push to help European defence startups scale

💵 Earlybird and AVP launch E2D, a €500M defence and dual-use growth fund


🗞️ In other (important) news

🪖  Ukraine and France launch €20M BRAVE FRANCE fund to accelerate battlefield innovation

🇩🇰 Danish startup Good Tape launches ‘Names’ campaign honouring journos killed in the line of duty

🇺🇦 Ukraine launches TrophyLab, turning captured Russian weapons into a battlefield R&D platform

⚛️  Silicon photonics firms warn Europe lacks infrastructure to turn research into commercial success


📡 Recommended reads and listens

💪  May 2026’s top 10 European tech deals you need to know about

🩺  Meet the Norwegian startup developing a new generation of emergency tourniquets


🔭 European tech startups to watch 

🇮🇹 Sirius Game closes €1.3M round to expand game-based learning

🇨🇭 OneSoil secures €1M to expand AI-powered farming assistant

🇩🇪 WhyBrilliant raises €1M to scale AI job matching, backed by Merantix

🇩🇪 Tryll launches AI gaming engine alpha and secures $600,000 pre-seed funding

🇨🇭 Venture Kick backs Minysa with €163,000 for GaN chip development