Wednesday, 17 June 2026
European deeptech continues to attract significant private investment, with notable funding rounds across AI applications, defence, and sustainable mobility.
The number
€50M
BAE Systems has committed €50 million to venture capital funds supporting European defence technology startups.
- Defence tech
BAE Systems commits €50M to European defence startups
BAE Systems is allocating €50 million to venture capital funds to support European defence technology startups. This initiative aims to scale innovation, expanding on the company's existing investment in future technologies.
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- Agritech AI
Rainbow Crops secures €9.7M for AI crop engineering
Belgian agritech startup Rainbow Crops has raised €9.7 million in seed funding. The capital will advance its AI-powered crop engineering platform, expand its application across multiple crops, and support team growth.
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- Legaltech AI
Lightbringer raises $10M for AI patent services
Swedish legaltech startup Lightbringer has secured $10 million in Series A funding. This capital is earmarked for accelerating the development of its AI-powered patent platform and facilitating its expansion into the US market.
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- Open Source
EXANTE launches €1M fund for open-source infrastructure
Global prime broker EXANTE has established the Gecko Fund, a €1 million grant programme. It is designed to support critical open-source software projects vital for trading systems and financial data infrastructure.
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- EV Charging
eMabler secures €5.5M to scale EV charging software
Finnish EV charging software company eMabler has raised €5.5 million in Series A funding. This capital will support its expansion across Europe and the further development of its grid-aware charging platform.
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- European VC
European startups secure significant venture funding
Recent announcements highlight substantial investment across various sectors, with defence technology, HR software, and agritech firms securing millions in new funding rounds.
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- AI & Journalism
Good Tape launches global 'Names' campaign for journalists
Copenhagen-based Good Tape, developer of an AI-powered transcription tool, has launched its global 'Names' campaign. This initiative honours journalists killed in the line of duty, promoting corporate social responsibility within AI development.
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