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TECH.EU · 19 Oct 2026 · DENMARK

European tech weekly recap: More than 65 tech funding deals worth over €1.8B

This weekly recap covers more than 65 European tech funding deals worth over €1.8B. The portion available lists a selection of the rounds, grouped by country, and several are in Denmark and the Nordics.

In Denmark, legaltech startup SmallClaims raised a €2M seed round to scale AI-powered litigation across Europe. Monopulse raised more than €2M to advance drones resistant to electronic warfare.

In Sweden, Matters emerged from stealth with $5M in pre-seed funding to build an AI-native consumer bank. Miracly launched with €1.8M to automate AI-powered marketing, and OlsAro raised €5M in seed funding. In Norway, Solvera raised $6.3M to scale its AI-native engineering firm, and Neonomics secured $4M for open banking. In Finland, Ambio raised €5.1M for AI-powered plastics procurement, a company that traces its roots to the Slush event.

Elsewhere in Europe, Austria's Reebuild secured €3M to automate financial workflows in construction. Spain's Cofrai closed a €2.6M round, and the Netherlands' ParkMundo raised €2.3M to connect airport parking with global travel platforms. Poland's spacetech company KP Labs secured €4.42M from Momentum Capital Partners to scale in-orbit AI data processing. Lithuania's Holo raised €5M for AI-powered marketing aimed at small businesses, and Germany's Elevatry closed a €3M pre-seed round. Türkiye's Loops AI secured $3.5M.

UK deals include CodeWall with $4M in pre-seed funding, transport data specialist Alchera with £2.7M, healthtech startup Stride with £4.6M for its preventative health platform, and Foresight's £4M investment in a musictech round. Matter Machine closed a £4M round that includes an Oxford Nanopore co-founder.

The list shows how much of the week's funding went to AI-focused companies, with Nordic startups well represented among them.

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