European startups raised over €300 million this week as investors continued to back high-growth companies across fintech, AI, and climate tech. The largest single deal came from Berlin-based climate infrastructure firm 1Komma5°, which closed a €100 million Series B round led by HV Capital and Lightrock. The company, which installs heat pumps and solar systems, plans to expand its operations in France, Italy, and Spain following the investment.
Swedish AI-driven cybersecurity startup Defendo secured €45 million in a Series A round backed by EQT Ventures and Norstjernan. Defendo’s platform uses machine learning to detect fraud in real time, a service now used by three major Nordic banks. "The threat landscape is evolving faster than compliance teams can keep up," said Defendo CEO Anna Berg. "Our technology reduces false positives by 40% compared to traditional systems."
France’s healthcare AI company MedAI raised €32 million to develop predictive diagnostics tools. The round was led by Balderton Capital, with participation from Sofinnova Partners and Bpifrance. MedAI’s software analyzes patient data to flag early signs of sepsis and other critical conditions, a system already deployed in two Paris hospitals.
In the UK, fintech startup SalaryFinance closed a £25 million round to expand its employee financial wellness platform. The company partners with employers to offer low-interest loans and financial education. SalaryFinance CEO Asesh Sarkar noted the platform has helped over 500,000 workers reduce debt by an average of £1,200 each.
Smaller but notable rounds included Polish electric vehicle battery recycler GreenTech (€18 million) and Dutch agritech firm FarmWise (€12 million), both aiming to scale operations in Eastern Europe and the Nordics respectively.
Source: eu-startups.com