Sanofi replaces CEO Hudson with Garijo after setbacks
French drug giant Sanofi said Spanish national Belén Garijo, the chief executive of Germany’s Merck, would succeed Paul Hudson as Sanofi CEO after its board…
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EIF, Baltic states launch €225m Baltic Innovation Fund 3
Naboo, Paris corporate events firm, in $70m Series B
Uber to acquire Getir’s delivery unit in Turkey
Euroclear turnover rose 20% in 2025 to €1,390 trillion
Kembara, Spain-based deep tech fund, in €750m close
Lithuania’s Axiology raises €5m for tokenised securities
Amundi assets at record €2.38trn high as inflows surge
Essity, Swedish health firm, secures €400m EIB loan
EIB invests record €100bn, quadruples defence finance
The European Investment Bank (EIB) Group said it invested a record €100 billion in 2025, with historic financing “for the green and digital transitions, for…
EIF, Aegon AM in €400m pledge for smaller Dutch firms
Aegon Asset Management (Aegon AM) and the European Investment Fund (EIF) have renewed and broadened their partnership through an expanded guarantee transaction, supporting a portfolio…
Mews, Amsterdam hospitality tech firm, raises $300m
Amsterdam-based Mews, the operating system for hospitality, announced it has raised $300 million in a Series D funding round led by EQT Growth, with new investors Atomico and…
SWISSto12, satellite systems firm, gets €73m backing
Switzerland-based aerospace firm SWISSto12, a manufacturer of advanced satellite systems and radio frequency (RF) products, has announced securing €73 million in financial support from European…
French accounting fintech Pennylane raises €175m
French accounting software company Pennylane has announced a €175 million funding round at a €3.6 billion valuation “to build Europe’s leading financial operating system.” The…
Ananda Impact Ventures, Munich VC, in €73m first close
Munich-based VC Ananda Impact Ventures has secured €73 million in the first close of its fifth Core Impact Fund, well above its €50 million target…
Board change at SIX, owner of Swiss, Spanish exchanges
A board change has been announced at Switzerland-based SIX Exchange Group AG, which operates international, national and regional exchanges across the Spanish and Swiss financial…
Novo Nordisk Foundation bets €736m on BioInnovation
The Novo Nordisk Foundation said it has allocated up to €736 million to BioInnovation Institute (BII), a leading institute for life science and deep tech…
Equal1, Irish quantum semiconductor firm, raises $60m
Dublin-based Equal1, a quantum semiconductor company, announced it has raised $60 million to accelerate development of scalable, silicon-based quantum computers and deployment of its datacenter-ready…
Harmattan AI’s $200m Series B led by Dassault Aviation
Paris-based defence technology firm Harmattan AI announced that Dassault Aviation is leading its $200 million Series B funding round. “Harmattan AI has been awarded multiple…
FineHeart of Bordeaux secures €83m in financing
Bordeaux-based FineHeart, a clinical-stage medical technology company specializing in the development of solutions for cardiology, announced the completion of a €35 million first closing of…
Ireland’s food, drink exports rise 12% to record €19bn
The value of Ireland’s food, drink and horticulture exports increased 12% in 2025 to reach a record €19 billion, according to the Export Performance and…
Ireland’s tax receipts rose 9% to €105.7bn in 2025
Ireland’s Department of Finance announced that its total underlying tax receipts amounted to €105.7 billion in 2025, an €8.6 billion or 8.9% increase on 2024….
Iceland’s Alvotech agrees $100m term loan at 12.50%
Alvotech, the Reykjavík-based global biotech company specializing in the development of biosimilar medicines, announced a $100 million senior term loan facility — in a transaction…
EU commits €175m to Montenegro railway link
The European Union is committing €175.6 million to modernise 39 km of the Bar–Golubovci railway link in Montenegro, a strategic section of Rail Route 4…
Intesa Sanpaolo, EIB in €700m support for Italian SMEs
The European Investment Bank (EIB) and Intesa Sanpaolo — the largest banking group in Italy — have finalised two new agreements totalling €700 million to…
Stockholm’s Lovable raises $330m at a $6.6bn valuation
Stockholm-based vibe coding startup Lovable said it has raised $330 million in Series B funding at a $6.6 billion valuation, led by CapitalG and Menlo Ventures’ Anthology…
EIB, Sabadell to unlock €1.8bn for smaller firms in Spain
The European Investment Bank Group (EIB Group), comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has participated in a mortgage bond…
QuantumDiamonds plans €152m chip testing investment
QuantumDiamonds GmbH, a pioneer in quantum sensing for semiconductor inspection, announced a €152 million investment plan to establish the world’s first production facility for advanced…
Global debt soars to $346 trillion as US, China, UK binge
Total global debt rose by more than $26.4 trillion in the first three quarters of the year, bringing the world’s total stock of debt to…
Mondu gets €100m J.P. Morgan Payments debt facility
Berlin-based Mondu, the fast-growing firm in B2B payments, announced it has secured a €100 million debt facility from J.P. Morgan Payments. This financing will be…
EU investigates Google use of content for AI purposes
The European Commission said it has opened a formal antitrust investigation to assess whether Google has breached EU competition rules by using the content of web publishers,…
Paris-based Brevo raises €500m amid expansion
Paris-based “customer engagement software” firm Brevo said it has closed its latest €500 million financing round, officially making the company a unicorn. The firm said…
Bending Spoons to buy Eventbrite for $500m in cash
Milan-based technology conglomerate Bending Spoons has agreed to acquire Eventbrite, Inc. in an all-cash transaction valued at approximately $500 million. The acquisition is subject to customary…
Angelini, EIB in €150m healthcare startups investment
The European Investment Bank (EIB) and Angelini Ventures – Angelini Industries’ corporate venture capital fund – have signed an agreement to provide €150 million in…
Germany’s Black Forest Labs raises $300m Series B
Freiburg, Germany-based Black Forest Labs, the “visual intelligence” company behind Flux, has announced a $300 million Series B funding round led by AMP and Salesforce…
Deutsche Börse in talks to buy €4.7bn Allfunds Group
Deutsche Börse Group has confirmed it is in exclusive discussions to acquire Amsterdam-listed Allfunds Group plc in a deal that could be valued around €4.7…
Quantum, Munich drones firm, triples value to €3bn
Munich-based autonomous drones startup Quantum Systems said it has tripled its valuation and raised €180 million in a Series C Extension led by Balderton Capital….
EIB lends €500m to Sandvik, Swedish mining group
The European Investment Bank (EIB) said it has signed a €500 million loan agreement with Swedish engineering and mining group Sandvik to support the company’s…
Iberdrola bids to delist Brazil subsidiary Neoenergia
Bilbao-based renewable energy giant Iberdrola, parent of Scottish Power, said it has submitted a takeover bid for the 16.2% of Brazilian subsidiary Neoenergia’s share capital…
AuM ‘to reach $200 trillion as private markets boom’
Private market revenues are set to reach $432.2 billion and account for more than half of the total global asset management industry’s revenues by 2030,…