Monday, 24 August 2026

European deeptech and AI infrastructure companies secured significant investment this week, underscoring continued capital flow into strategic digital capabilities.
The number
€684M
Total investment tracked across over 45 European tech funding deals this week, with significant capital directed towards deeptech and AI infrastructure.
Listen — today's brief

Welcome to HEEU Pulse. This week, European deep tech and AI infrastructure companies secured significant investment, underscoring continued capital flow into strategic digital capabilities. Indeed, the total investment tracked across over forty-five European tech funding deals reached a remarkable six hundred and eighty-four million dollars. A substantial portion of this capital was directed towards these crucial areas. Leading the charge, UK AI startup Kalosum secured an impressive a hundred million dollars in seed funding. They aim to develop software infrastructure for efficient AI workloads across diverse chips and models. This addresses a critical deployment challenge in complex AI ecosystems. Kalosum's solution ensures AI applications can run optimally regardless of the underlying hardware, streamlining integration. Moving from software to hardware, Swedish deep tech firm Solinide Photonics closed four million dollars for its AI data center photonic chips. This investment will commercialize its silicon nitride technology. Photonic integrated circuits are becoming vital as traditional electronics struggle with increasing data demands. Solinide's technology using photons enhances data center efficiency and prepares for scalable manufacturing. Danish AI startup Velotir also raised five million dollars to expand its AI infrastructure platform across Europe. A key focus for this expansion is enhancing cybersecurity within AI applications. This aligns with broader European efforts like EuroHPC initiatives to bolster AI capabilities and secure digital infrastructure. Projects such as AIAT are strengthening national AI ecosystems. Beyond direct funding, the private equity firm Oaklay Capital acquired a majority stake in Graphwise, a key player in enterprise AI data platforms. This acquisition signals significant investment in sophisticated AI data solutions, reflecting the growing strategic importance of the sector. It also marks one of Bulgaria's most notable software exits. This trend highlights a broader push to enhance enterprise AI deployments, driving demand for specialized platforms and robust underlying technologies. Absolutely. These investments are crucial for advancing digital infrastructure, addressing deployment hurdles, and securing the future of AI applications across the continent. So a clear picture emerges of sustained capital flowing into foundational AI and deep tech capabilities across Europe this week. It demonstrates a strong commitment to building resilient and efficient digital foundations to support the next generation of AI development and deployment. That's all for today's HEEU Pulse. For more details on these stories and the full rundown of European tech funding, visit heeu.eu.
- AI Deeptech
UK AI startup Callosum secures $100M seed for infrastructure
Callosum, a UK-based AI startup, has secured $100 million in seed funding. The company aims to develop software infrastructure that enables AI workloads to run efficiently across diverse chips and AI models, addressing a critical deployment challenge.
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- Deeptech Photonics
Solinide closes €4M for AI data centre photonic chips
Swedish deeptech firm Solinide Photonics has secured €4 million in seed funding. This investment will support the commercialisation of its silicon nitride photonic integrated circuit technology, targeting AI data centres and scalable manufacturing.
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- AI Infrastructure
Velatir secures €5M to expand AI infrastructure across Europe
Danish AI startup Velatir has raised €5 million in seed funding. This capital will expand its AI infrastructure platform throughout Europe and grow its operational team, with a focus on enhancing cybersecurity within AI applications.
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- Enterprise AI
Oakley Capital acquires majority stake in Graphwise
Private equity firm Oakley Capital has secured a majority stake in Graphwise, a key player in the enterprise AI data platforms market. This transaction signals significant investment in sophisticated AI data solutions and marks one of Bulgaria's most notable software exits.
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- Sustainable Agriculture
EcoNomad raises £400K for farm waste-to-energy tech
UK startup EcoNomad Solutions has secured £400,000 to advance its waste-to-energy technology for small livestock farms. This funding aims to reduce methane emissions and mitigate rising energy and fertiliser costs.
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- Market Trends
France maintains strong position in H1 2026 tech investment
France continued to be a notable market in European tech funding during the first half of 2026, with recent reports highlighting its top-funded companies and reflecting ongoing investor interest.
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