Microsoft invests $400m in Switzerland cloud, AI
Microsoft has announced a $400 million investment in Switzerland to further strengthen both its cloud and artificial intelligence capabilities across the country, including the most…
Baltic SMEs get €138m boost in Citadele Bank-EIF plan
A range of smaller Baltic companies will be eligible for preferential loans totalling up to €138 million as a result of guarantees by the European…
Volare, Finland insect protein firm, raises €26m
Finnish biotech company Volare announced the closing of a €26 million funding round to build Volare 01 – a facility set to become “the most…
Paris-based Cathay Innovation closes $1bn AI fund
Paris-based Cathay Innovation announced the final close of its latest venture capital fund at $1 billion, making it the largest AI-dedicated fund in the European Union. While…
Salvia, Dutch migraine treatment firm, raises €53m
Eindhoven-based Salvia BioElectronics, a clinical-stage medical device company pioneering neuromodulation therapy for people with chronic migraine, announced the successful completion of a €53 million Series B…
EIB lends €700m for Baltic Sea wind farms off Poland
The European Investment Bank (EIB) saif it has signed an agreement to provide €700 million for the construction of two large-scale offshore wind farms developed…
European exchange owner SIX sells €500m bond
Switzerland-based European stock exchange operator SIX Exchange Group AG confirmed the successful placement of a €500 million bond issued by its subsidiary SIX Finance (Luxembourg)…
EIF in first defence fund investment with €40m Keen bet
The European Investment Fund (EIF) has announced its first investment in a dedicated European defence fund with a €40 million bet on Keen Venture Partners’ European…
Legora, Swedish AI legaltech startup, raises $80m
Stockholm-based legaltech startup Legora, the collaborative AI platform for lawyers, has attracted Series B funding of $80 million, propelling the company to a $675 million…
Iceland sells €750m bond amid €4.4bn of demand
The Republic of Iceland said it successfully issued a €750 million Eurobond with a fixed coupon of 2.625% and a five-year maturity, priced at a…
Revolut to create Paris Western Europe HQ, invest €1bn
Revolut Group, the global fintech with over 55 million customers and more than 40 million in Europe, has announced the creation of a new Western Europe…
Novo Nordisk CEO to leave amid obesity drug fight
Denmark’s Novo Nordisk, maker of the Ozempic and Wegovy weight loss medications, said on Friday its CEO Lars Fruergaard Jorgensen will step down amid concerns the…
Xoople, Madrid earth data firm, raises €115m
Xoople, the Madrid-based earth data, intelligence and AI firm, announced that it successfully closed its latest equity round, bringing the total raised to €115 million. The…
Room00, Madrid hotel firm, gets €400m King St boost
King Street Capital Management has announced a strategic equity investment of up to €400 million in Madrid-based hotel and hostels “urban lifestyle hospitality platform” Room00…
EIF invests €150m in PIMCO European Data Centre Fund
The European Investment Fund (EIF) has announced an initial cornerstone investment of €150 million in the PIMCO European Data Centre Opportunity Fund. The EIF said…
Santander, EIB in €400m Portugal SME, farming boost
Santander and the European Investment Bank (EIB) have signed a €400 million financing operation to boost investment in small and medium-sized enterprises (SMEs) and mid-caps, as well…
Iberdrola sells €750m green bonds under new standards
Bilbao-based renewable energy giant Iberdrola said it has become the first Spanish company to issue a bond under the new EU green bond standard (EU GBS)….
Finom, Amsterdam challenger bank, secures €92m
Amsterdam-based Finom, a challenger bank aimed at SMEs and entrepreneurs, said it has secured a growth investment of €92.3 million from General Catalyst’s Customer Value Fund (CVF)….
Quantum Systems, Munich drones firm, raises €160m
Munich-based autonomous drones startup Quantum Systems said it raised €160 million in new funding led by Balderton Capital, with participation from Hensoldt, Airbus Defense and Space,…
Berlin AI firm Parloa valued at $1bn as it raises $120m
Berlin-based Agentic AI firm Parloa announced it has secured $120 million in Series C funding, bringing the company’s valuation to $1 billion. Durable Capital Partners, Altimeter…
Global debt rises to record $324 trillion says IIF
Global debt rose by $7.5 trillion to a new record high of over $324 trillion in the first quarter of 2025, according to the latest Global Debt…
EIF deal unlocks €178m for Nordic SMEs via Danske
Danske Bank has signed a guarantee agreement with the European Investment Fund (EIF) that will make up to €178 million available in fresh financing for…
EIB, Euronext to boost aerospace and defence IPOs
The European Investment Bank (EIB) said it is joining forces with bourse Euronext to bolster small and Mid-Cap companies in Europe’s aerospace and defence industries….
Tekever, Lisbon drone maker, in £400m UK investment
Lisbon-based military drone maker Tekever announced it will invest over £400 million in research, infrastructure, and defence technology development in the UK, leading to the…
Helsinki tram, bus plan gets €400m EIB loans
The European Investment Bank (EIB) announced it is providing a €400 million financing package to help the Finnish capital Helsinki build a tramline to three…
Global asset management hits record $128 trillion
The global asset management industry grew to a record-breaking $128 trillion in assets under management (AuM) in 2024, a 12% increase on the previous year,…
Berlin accelerator EWOR commits €60m to founders
Berlin-based accelerator EWOR, an “emerging founder fellowship”, said it has committed €60 million to supporting “the world’s most exceptional early-stage entrepreneurs.” As part of an…
Novo, EIFO, invest €48m in Swedish fund HealthCap IX
Novo Holdings and the Export and Investment Fund of Denmark (EIFO) have jointly invested €48 million in HealthCap IX, a Swedish life sciences venture fund…
Norway wealth fund in $40bn Q1 loss as tech bets suffer
Norway’s $1.78 trillion sovereign wealth fund — the world’s biggest single owner of listed company shares — has reported its biggest loss in six quarters…
Didomi to buy Addingwell as it raises €72m with Marlin
Paris-based Didomi, a global data privacy solutions provider, said it is raising €72 million with private equity firm Marlin Equity Partners. Didomi said the funding will…
Nomura buys $180bn Macquarie US, Europe asset unit
Japan-based Nomura said it has agreed to acquire Australia-based Macquarie’s US and European public asset management business, which has $180 billion in retail and institutional…
Milan VC firm P101 SGR closes €250m fund
Milan-based venture capital firm P101 SGR said it has closed a €250 million fund — Programma 103 — which it plans to invest in early-stage startups across…
Lyft of US to buy Germany’s FreeNow for €175m cash
US ride-hailing giant Lyft said it has agreed to acquire German taxi app FreeNow from BMW Group and Mercedes-Benz Mobility for €175 million in cash. Users…
Van Lanschot Kempen private equity raises €388m
Netherlands-based Van Lanschot Kempen Investment Management said its third European private equity strategy has closed at €388 million. “After a very successful first closing on…
AVP seals MBO from AXA, gets EIF boost for €1.5bn fund
Paris-based global investment platform AXA Venture Partners has completed its management buyout, rebranding as Atlantic Vantage Point (AVP) — and has announced that the European…
Belgian insurer Ageas buys £1.3bn Esure from Bain
Belgian insurer Ageas said it reached an agreement with Bain Capital to acquire Esure, a digital personal lines insurer “with strong positioning on price comparison websites…
Madrid’s Job&Talent secures €92m amid AI agent push
Madrid-based Job&Talent, a marketplace for essential work and AI-powered workforce management provider, announces the successful closing of its Series F fundraising round, securing €92 million…
Dublin in biggest European office letting since Covid
M&G Real Estate and its development partners Marlet Property Group have agreed a 416,000 sq ft office letting with HR software giant Workday at the…
Prada agrees to buy €1.25bn Versace from Capri
Prada S.p.A. announced that it has entered into a definitive agreement to acquire 100% of rival Italian brand Versace for about €1.25 billion in cash from…
Berlin’s Revent launches €100m ‘mission-driven’ fund
Berlin-based venture capital firm Revent announced the launch of Revent Fund II — its €100 million fund dedicated to backing the next generation of “mission-driven”…