Scottish startup Cnuic has secured $3 million in pre-seed funding to develop its new photolithography device aimed at improving photonic chip production. The innovation could significantly change the semiconductor landscape by enabling faster, more energy-efficient chips, with potential implications for AI and data centers. The round was led by Tensor Ventures and supported by Silicon Valley and European investors.
Elaia has finalized its third deep tech seed fund, DTS3, raising €134 million to invest in early-stage European technology startups. The fund works closely with major research institutions and has already backed eleven companies in fields such as computing, AI, and life sciences. DTS3 will focus investments on foundational technologies shaping the future of computing, industry, and health.
The Tech.eu Summit London 2026 will highlight artificial intelligence across business, finance, and industry, assembling leading founders and investors in Europe. Sessions will examine practical adoption, regulatory trends, venture funding realities, and the transformative impact of AI and related technologies. The event takes place on 21–22 April 2026 in London.
EIC Scaling Club member companies have doubled peer funding growth with a 66% average increase over the past 14-20 months, outpacing comparable deep tech firms in Europe. The initiative has supported 120 scale-ups, helping them raise over €2 billion in new funding and accelerate the region’s deep tech innovation sector.
Voyager Ventures has closed a $275 million Fund II, raising its assets under management to $475 million across North America and Europe. The venture firm targets early-stage investments in companies innovating in energy, manufacturing, critical materials, AI, and advanced software, positioning itself at the heart of the green and digital transformation shaping global and European industries.
b2venture closes its largest early-stage fund, raising €150 million to empower the next wave of European tech founders, with a dedicated focus on AI, robotics, manufacturing, and automation.
Metavallon VC has launched a €5 million 'Brain Gain' fund targeting deep-tech startups willing to establish or expand their research and development teams in Greece. The initiative seeks to counteract years of tech talent exodus by supporting early-stage ventures founded abroad or spun out from Greek universities, providing crucial pre-seed investment and infrastructure support.
Hungarian-based ABZ Innovation has raised €7 million in a funding round led by Vsquared Ventures to scale its autonomous heavy-lift drones for agricultural and industrial use. The investment aims to expand manufacturing, accelerate product development, and strengthen the company’s global reach.
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