More than 10 European startups became unicorns this year
4 days ago
- #unicorns
- #funding
- #startups
- Funding season in Europe is restarting, with 12 startups reaching unicorn status in H1 2025.
- Hot sectors include biotech, defense tech, and AI.
- IQM (Finland) raised $300M Series B, reaching $600M total funding for quantum computers.
- Framer (Netherlands) hit $2B valuation with $100M Series D for no-code website building.
- Lovable (Sweden) became a unicorn in 8 months with $200M Series A for AI coding.
- Fuse Energy (UK) reached $1B+ valuation in renewable energy.
- Mubi (UK) raised $100M at $1B valuation for indie film streaming.
- Zama (France) secured $57M Series B for homomorphic encryption tech.
- Isar Aerospace (Germany) raised €150M convertible bond for space launches.
- Tekever (Portugal) confirmed £1B+ valuation for dual-use drones.
- Quantum Systems (Germany) raised €160M Series C for autonomous drones.
- Parloa (Germany) secured $120M Series C at $1B valuation for AI customer service.
- Isomorphic Labs (UK) raised $600M for AI drug discovery.
- Tines (Ireland) hit $1.125B valuation with $125M Series C for AI workflows.
- Verdiva Bio (UK) raised $410M Series A for GLP-1 oral drugs.
- Neko Health (Sweden) secured $260M Series B at $1.8B valuation for health scans.