Week 44 funding recap: €164.8M raised, led by London
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European startups announced 13 equity rounds between 24 Oct and 30 Oct 2026, raising €164.8M. That is 79% less money than the previous seven days from 46% fewer rounds, and the median round was €5.85M (+40% vs previous 7 days).
Two rounds explain most of it: Nevis raised €62.85M in a Series B led by EQT Ventures, and Machenta raised €35.81M in a seed led by Creandum and Union Square Ventures. Together they are 60% of the week. Without them the other 11 rounds total €66.1M, with a median of €4.5M. The previous seven days leaned even harder on one deal: Legora's €490.7M Series E was 62% of that week's total.
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The week’s rounds, last calls and events, every Monday.
The rounds that moved the total
Top rounds this week
Equity rounds announced this week, in euros. Highlighted rounds moved the total most.
Top rounds this week. Ranking, 8 rows. 1. Nevis €62.85M, 2. Machenta €35.81M, 3. Nous €15.15M, 4. adsilico €11.9M, 5. Atlas Bio (seed) €8.95M, 6. Volare €7.1M, 7. Lette €5.85M, 8. Querio €4.5M.
Led by London
London startups raised €118.3M across four rounds, 72% of the week's money. Leeds (adsilico, €11.9M) and Basel (Atlas Bio, €11.2M across its pre-seed and seed) follow, then Helsinki, Dublin and Rome.
Money raised by city
Top cities by amount raised this week.
Money raised by city. Ranking, 6 rows. 1. London €118.3M, 2. Leeds €11.9M, 3. Basel €11.2M, 4. Helsinki €7.1M, 5. Dublin €5.85M, 6. Rome €4.3M.
Rounds by stage
This week vs previous 7 days
Number of rounds. First bar: previous 7 days (17 Oct to 23 Oct). Second bar: this week (24 Oct to 30 Oct 2026).
This week vs previous 7 days. Paired bars. Pre-seed and seed: 10 then 8 (-2); Series A: 1 then 1; Series B and later: 3 then 1 (-2); Stage not disclosed: 10 then 3 (-7).
Every round this week (13)
| NevisWealth, capital markets and crypto | €62.85M | Series B | 26 Oct 2026 | London, UK | EQT Ventures |
| MachentaRobotics | €35.81M | Seed | 27 Oct 2026 | London, UK | Creandum, Union Square Ventures |
| NousAI agents and automation | €15.15M | Undisclosed | 26 Oct 2026 | London, UK | Heartcore Capital |
| adsilicoDigital twins and simulation | €11.9M | Series A | 26 Oct 2026 | Leeds, UK | PXN Ventures |
| Atlas BioHealthcare AI | €8.95M | Seed | 27 Oct 2026 | Basel, Switzerland | Creandum |
| VolareAlternative proteins | €7.1M | Undisclosed | 26 Oct 2026 | Helsinki, Finland | Not disclosed (raised through Springvest) |
| LetteProptech | €5.85M | Seed | 27 Oct 2026 | Dublin, Ireland | Peak Capital |
| QuerioData and analytics | €4.5M | Seed | 27 Oct 2026 | London, UK | BMW i Ventures |
| Agora LabsHealthcare AI | €4.3M | Undisclosed | 27 Oct 2026 | Rome, Italy | P101 SGR |
| ArtisoFashion and beauty tech | €3M | Pre-seed | 28 Oct 2026 | Barcelona, Spain | Criteria Venture Tech |
| Atlas BioHealthcare AI | €2.24M | Pre-seed | 27 Oct 2026 | Basel, Switzerland | First Momentum Ventures, LEA Partners |
| FrontedHR and people tech | €1.7M | Seed | 29 Oct 2026 | Norway | Kaknäs Invest |
| CortasProptech | €1.45M | Pre-seed | 27 Oct 2026 | Copenhagen, Denmark | PSV Tech |
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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: the previous seven days now total €793.5M across 24 rounds, up from the €146.7M across 8 rounds published in the week 43 recap, after late additions including Legora's €490.7M Series E.
