European tech weekly recap: Over €1.3B invested across 60+ deals

European startups drew more than €1.3 billion across over 60 deals in the past week, according to this tech weekly recap. The recap lists funding rounds from several countries, plus a run of acquisitions.

The largest rounds listed are small to mid-sized. Norway's Fronted raised €1.7 million to simplify global hiring and business expansion. Italy's Testbusters received €1.5 million to grow in edtech, and Spain's Talky raised €1.5 million to automate the financial operations of large companies using AI. Spain's Fitnesskpi raised €1.3 million, Germany's Vuse XR received €1.2 million to scale AI-assisted mixed reality training, and Italy's YK-Robotics raised €1 million to let any robotic cell be programmed with words.

Two Danish companies appear. Proptech Cortas landed €1.47 million in a pre-seed round led by PSV Tech. KineDB raised €850,000 to rebuild database infrastructure as AI reshapes software development. Smaller deals include €600,000 for Italy's Magic Vision and its AI-powered monitoring solution Silver Eye, €500,000 from venture capitalist Janna Ensthaler and sales expert Carsten Maschmeyer for Germany's Meinhaus Digital, and €500,000 from NBank Capital for Germany's InhalPlus.

On the acquisition side, the biggest deal is UK-listed Guidewire buying AI startup Hyperexponential for $1.7 billion. In Germany, YellowFox is acquiring Berlin-based AI startup peregrine.ai, and the German-American saas.group is acquiring 3D AI Studio. Destinus acquired the Netherlands' Perciv AI, Lengow acquired Portugal's Daily&Co, and Kennedy Lewis Investment Management took a majority stake in Munich-based camping scale-up Roadsurfer.

The recap's list is abridged, so many of the 60-plus deals are not named here. Even so, AI features in a large share of the companies that are.