Stage · Funding
Series D+ funding in Europe, 2026
Late venture rounds — D and beyond — often pricing toward an exit.
Capital tracked€3,160,100,000
Rounds13
Startups24
Stories1
€3.2B
Capital tracked
13
Disclosed rounds
€1.6B
Biggest round
24
Startups tracked
Series D+, in numbers
13 rounds on record · 13 with a disclosed amount
Capital by sector
Defence AI 64%
Defence Tech 11%
Last-Mile Logistics 9%
Accounting Automation 9%
Deep tech 7%
Capital by year
Share of rounds
Source: Sesamers round tracker · full data desk →
Largest rounds tracked
Disclosed rounds only · EUR-converted at desk rates
| Company | Round | Sector | Lead | Amount |
|---|---|---|---|---|
| Helsing Germany | Series D+ | Defence AI | - | €1.6B |
| Isar Aerospace Germany | Series D+ | Defence Tech | Island Green Capital, Molten Ventures | €270M |
| Forto Germany | Series D+ | Last-Mile Logistics | Disruptive, SoftBank Vision Fund, Northzone | €224M |
| Taxfix Germany | Series D+ | Accounting Automation | Teachers' Venture Growth (Ontario Teachers') | €199.1M |
| EnduroSat Bulgaria | Series D+ | Deep tech | Riot Ventures, Atreides Management | €178.9M |
| Nouscom Switzerland | Series D+ | Unclassified | M Ventures, Revelation Partners (co-leads) | €120M |
What we have written
1 story on Series D+
20Oct Nouscom raises €120M Series D to intercept cancer before it starts M Ventures and Revelation Partners co-lead a €120M Series D for Basel's Nouscom, funding one global… News
Startups in Series D+
From the directory
BM
Back Market
Climate · Series D+
Marketplace for refurbished phones and electronics sold by vetted professional refurbishers.
€7,000,000
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ST
Shift Technology
AI · Series D+
AI-powered fraud detection and claims automation software for insurance companies.
Series D+ · €183,000,000
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ManoMano
Consumer tech · Series D+
Online marketplace for DIY, home improvement and gardening products across Europe.
Series D+ · €110,000,000
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Who invests here
Funds with a verified round in this hub · most active first
Revelation Partners
Led 1 of 1 round tracked in Series D+. Provides flexible capital solutions to the healthcare ecosystem, specialising in liquidity for…
Ticket undisclosed
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M Ventures
Led 1 of 1 round tracked in Series D+. Strategic corporate venture capital arm of Merck KGaA, investing globally in innovative…
Ticket undisclosed
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AM
Atreides Management
Series D+
Led 1 of 1 round tracked in Series D+. Crossover fund bringing a long-term, private-equity-style perspective to high-growth technology and consumer…
Ticket undisclosed
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