The 20 biggest startup funding rounds in Europe this year (up to now)

      Despite a careful VC environment and ongoing geopolitical uncertainties, European startups continue to secure significant investments. Covering a range of fields from AI drug development and space exploration to quantum software and fusion energy, the continent’s startups raised €19 billion in the first half of 2025, as reported by Dealroom data. We’ve analyzed the figures for you. Below are the 20 largest startup funding rounds for H1 2025 (Note: This list features only startups established in 2015 and afterward).

      1. Helsing — €600M

       HQ: Munich, Germany

       Helsing develops AI-driven software for defense systems that aid democratic countries in addressing modern security challenges. It secured €600 million in a Series D funding round led by General Catalyst, marking a significant endorsement for Europe's fast-growing defense technology sector. This deal elevated Helsing’s valuation to €12 billion, making it one of the continent’s most valuable private firms.

      2. Isomorphic Labs — €508M

       HQ: London, UK

       A spinoff of DeepMind, Isomorphic Labs utilizes AI to model molecular biology, aiming to significantly accelerate drug discovery processes. It raised €508 million in March, demonstrating investor confidence in AI's potential to transform pharmaceutical research and development.

      3. NEoT — €350M

       HQ: Paris, France

       NEoT provides financing options for clean transportation and off-grid energy initiatives, including electric buses and solar battery storage. Its €350 million funding round focuses less on flashy technology and more on empowering Europe's green infrastructure at scale.

      4. Verdiva Bio — €348M

       HQ: London, UK

       Emerging from stealth mode in January, Verdiva Bio raised an impressive €348 million for a new line of drugs targeting the obesity crisis. This was one of Europe's largest biotechnology funding deals, reflecting the strong investor interest in the growing weight loss market.

      5. XY Miners — €254M

       HQ: Lewes, UK

       XY Miners secured €254 million in a late-stage VC funding round in April 2025 to enhance its cloud-based Bitcoin mining operations.

      6. Neko Health — €250M

       HQ: Stockholm, Sweden

       Founded by Spotify’s Daniel Ek, Neko Health provides AI-driven full-body health scans for early disease identification. Its €250 million Series B funding in January was a strong indication of confidence in preventative healthcare.

      7. Multiverse Computing — €189M

       HQ: San Sebastián, Spain

       Multiverse Computing develops quantum software for industries such as finance and logistics. With its €189 million Series B round in June, the company has positioned itself as one of Europe's top-funded players in the quantum space.

      8. Auro Travel — €180M

       HQ: Madrid, Spain

       Auro provides a premium ride-hailing and chauffeur service for businesses, essentially offering a high-end version of Uber for corporate clients. The company raised €180 million in a late-stage VC round in February 2025, aiming to expand within Southern Europe’s mobility sector.

      9. TravelPerk — €170M

       HQ: Barcelona, Spain

       TravelPerk facilitates bookings, payments, and policies for corporate travel. It secured €170 million in a Series E funding round in January 2025 to enhance its global reach as business travel bounces back.

      10. Windward Bio — €169M

       HQ: Basel, Switzerland

       Windward Bio emerged from stealth in January with €169 million to develop innovative treatments for cancer, immune disorders, and rare diseases.

      11. Dojo — €161M

       HQ: London, UK

       Dojo creates payment and business solutions for service-oriented brands such as salons, cafés, and event venues. It raised €161 million in a growth equity round in May 2025, aimed at competing with firms like Square and Stripe.

      12. Synthesia — €152M

       HQ: London, UK

       Synthesia allows users to generate AI-created videos from text for purposes like corporate training and marketing. Its €152 million funding elevated its valuation to €1.9 billion.

      13. Isar Aerospace — €150M

       HQ: Ottobrunn, Germany

       Isar, which constructs small rockets for satellite launches, accomplished Western Europe’s first orbital rocket launch earlier this year. In June, it secured a €150 million convertible loan, bringing its total funds raised to over €600 million, making it the best-funded space startup in Europe.

      14. Ori Industries — €149M

       HQ: London, UK

       Ori provides infrastructure for managing workloads across cloud and edge computing networks. The €149 million funding positions it well as demand for edge computing grows.

      15. Quantum Systems — €149M

       HQ: Gilching, Germany

       Quantum Systems produces electric drones utilized in defense, mapping, and agriculture. It raised €149 million in