Week 43 funding recap: €146.7M raised, led by Basel
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European startups announced 8 equity rounds between 16 Oct and 23 Oct 2026, raising €146.7M. That is 86% less money than the previous seven days from 71% fewer rounds, and the median cheque was €2.9M (-72% vs previous 7 days).
Two rounds explain most of it: Nouscom's €120M deal with M Ventures, and Linkener's €7.5M. Together they are 87% of the week. Without them the week totals €19.2M.
The rounds that moved the total
Top rounds this week
Equity rounds announced this week, in euros. Highlighted rounds moved the total most.
Led by Basel
Money raised by city
Top cities by amount raised this week.
Rounds by stage
This week vs previous 7 days
Number of rounds. First bar: previous 7 days (10 Oct–16 Oct). Second bar: this week (17 Oct–23 Oct 2026).
Every round this week (8)
| NouscomBiotech and pharma | €120M | Series D+ | 19 Oct 2026 | Basel | M Ventures, Revelation Partners (co-leads) |
| LinkenerGrid and energy management | €7.5M | Undisclosed | 19 Oct 2026 | Valencia | Klima Energy Transition Fund (Alantra) |
| XRlabsMedtech and devices | €7.3M | Seed | 19 Oct 2026 | London | Playground Global |
| VesslaAI agents and automation | €3M | Pre-seed | 19 Oct 2026 | Stockholm | Seedcamp |
| PlintoEnterprise AI applications | €2.9M | Pre-seed | 20 Oct 2026 | Copenhagen | People Ventures, Emblem (co-leads) |
| Coherence QuantumQuantum | €2.8M | Seed | 20 Oct 2026 | Espoo | Lifeline Ventures |
| CoComplyHR and people tech | €2.3M | Undisclosed | 19 Oct 2026 | Macclesfield | NPIF II – Mercia Equity Finance |
| HuppaSports and entertainment tech | €1M | Pre-seed | 19 Oct 2026 | Amsterdam | Not disclosed |
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How we count: equity rounds by European companies announced in the 7 days to Friday, from Sesamers funding records. Grants, debt and M&A are excluded. Amounts are converted to euros on the day of the announcement. Figures can move as late announcements are added.
