€1.2B into European startups in one week 🪴
Five rounds last week, all pointing the same direction
A satellite company that watches the earth in the dark. An AI coworker that broke a national record in ten weeks. A salon booking app that quietly became a unicorn. Europe had a week.
ICEYE: €300M credit facility (Finland)
Radar satellites that image the earth through cloud, storm and darkness. Optical satellites go blind during a crisis. ICEYE doesn’t.
70 satellites in orbit. Revenue, profit and headcount all doubled in 2025. Profit is the rare part for deep tech.
Poland, Sweden, Finland and Germany are all buying. Europe wants its own eyes in space, not Washington’s.
Nscale: €670M for its Norway data centre
The biggest AI infrastructure investment Norway has seen, in Narvik where power is cheap and the cold is free cooling.
They raised over $3B in the last few months.
Maybe Europe can build compute at scale after all??
Fresha: $80M from KKR at $1B+ (UK)
New unicorn. Booking and payments for salons, spas and barbershops. 130,000 businesses, $140M revenue run rate, profitable, growing 60% a year.
No monthly fee. They earn on the payments flowing through the platform, so revenue scales with usage.
Primer: $100M Series C (UK)
AI payments infrastructure. Led by Sofina, with Accel, Balderton, ICONIQ and Tencent. Founded by ex-PayPal and Braintree people.
Captures 400+ data points per transaction, pulls it into one layer, then runs an AI agent on top that can make decisions. They want to be the layer above every payment provider, not another provider.
Viktor.com: $75M Series A (Poland/Germany)
The largest Series A ever by a Polish-founded company, past ElevenLabs. Led by Accel, with the Slack founders and Vercel’s Guillermo Rauch in.
An AI coworker inside Slack and Teams. It does the work: reports, scheduling, data entry, overnight jobs from your phone. Connected to 3,000+ tools.
$15M annualised revenue in ten weeks. Built by ex-Meta engineers in Warsaw and Munich.
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