The Cologne startup’s simulation-first approach trains robots in virtual greenhouses before deploying them in real ones, aiming to crack a deployment problem that has frustrated the industry for years. The market for greenhouse automation has accumulated a graveyard of credible-sounding startups. The engineering problem is genuinely hard: harvesting tomatoes or cucumbers requires handling irregular, delicate, […]

Every patient discharge in a European hospital triggers a paperwork cascade. Clinical information from the stay must be converted into standardised codes, the ICD classifications and procedure codes that determine what a hospital gets paid. Someone has to navigate the legacy software, pull the right records, select the right codes, and enter them correctly. In […]

Spanish tech companies raised €3.1 billion in 2025, highlighting a broad and increasingly mature ecosystem. Large late-stage rounds remained strong, alongside a deep base of early and growth-stage funding across sectors. Funding was concentrated at the top, with the ten largest deals accounting for around 39 per cent of capital, and the top twenty about 57 per cent.

AI, deeptech and frontier infrastructure stood out, including quantum, applied AI, cloud, semiconductors, robotics and security, signalling a shift toward more technical, defensible businesses. Healthtech and biotech also emerged as key pillars.

Enterprise software and fintech provided consistent activity, while climate and energy gained momentum through investments in cleantech and low-carbon technologies. Consumer platforms remained active across travel, education, real estate and commerce. The mix of debt and alternative financing alongside equity also pointed to a more mature market.

Overall, Spain’s tech ecosystem is becoming more diversified and technically advanced, with capital spread across multiple sectors and increasing late-stage capacity (for more detailed analyses of the European technology ecosystem, check out Tech.eu’s annual report: European Tech 2025 – The Big Picture). Here are the 10 companies that raised the most in 2025.

Amount raised in 2025: €256M Multiverse Computing is a quantum AI software company that develops advanced artificial intelligence and quantum-inspired technologies to solve complex problems across industries. The company builds software that applies quantum and quantum-inspired algorithms to areas such as finance, manufacturing, energy, logistics, and cybersecurity. Its technology focuses on improving the efficiency and performance of artificial intelligence systems. In 2025, Multiverse Computing raised €256 million over two rounds to accelerate the widespread adoption of LLMs to address the massive costs that currently prohibit their rollout.

Amount raised in 2025: $200M TravelPerk is a global business travel and expense management platform that helps companies plan, book, and manage work trips in one place. The platform integrates travel booking, expense tracking, and reporting tools, enabling organisations to streamline their corporate travel processes and reduce administrative work. In 2025, TravelPerk raised $200 million in a Series E round to accelerate growth, expand its presence in the US, and invest in product development, technology, and AI to build a leading travel and expense management platform.

Amount raised in 2025: €137M Xoople is a data and AI company that develops Earth intelligence technology by combining geospatial data with artificial intelligence to analyse and understand changes on the Earth’s surface. Founded in 2019, the company provides AI-ready Earth data that organisations can integrate into their enterprise workflows for analysis and operational decision-making. Through its platform, EarthAI, Xoople processes large volumes of satellite and geospatial data to automatically monitor, detect, and predict changes across the planet. The company’s mission is to provide a consistent, global source of Earth data that helps organisations better understand physical changes on the planet and make faster, more informed decisions about real-world challenges. In 2025, Xoople secured €137 million across two funding rounds to develop next-generation Earth intelligence technologies.

Amount raised in 2025: $135M SpliceBio is a biotechnology company developing next-generation gene therapies using its proprietary Protein Splicing platform. The company’s technology enables the delivery of large genes that are difficult to treat with traditional gene therapy approaches, helping address genetic diseases caused by mutations in large genes. The company’s platform is based on technology developed at Princeton University and leverages decades of research in protein engineering and intein biology to enable new therapeutic approaches for diseases that currently lack effective treatments. SpliceBio closed a $135 million Series B funding round in 2025 to support the clinical development of its flagship program.

Amount raised in 2025: $120M Factorial is an HR technology company that develops cloud-based software designed to help businesses manage people, processes, and operations more efficiently. Founded in 2016, the company provides an all-in-one platform that automates human resources tasks such as time tracking, payroll, absence management, document handling, recruitment, and performance evaluation. The platform centralises HR and operational data in a single system, allowing companies, particularly small and mid-sized businesses, to streamline administrative work, gain visibility into their workforce, and make data-driven decisions. Factorial secured $120 million in 2025 to boost sales and marketing.

Amount raised in 2025: €100M Lingokids is an educational technology company that develops a play-based learning platform for children aged 2 to 8. The company offers a mobile app that combines games, videos, songs, and interactive activities to help children build academic knowledge and essential life skills in a safe, ad-free environment. Lingokids is designed to help children learn at their own pace while giving parents tools to track progress and manage their child’s digital learning environment. In 2025, Lingokids raised over €100 million to accelerate its global expansion.

Amount raised in 2025: €92M Job&Talent is a workforce platform that connects companies with workers through a technology-driven marketplace for flexible and temporary jobs. The company uses data and AI to match candidates with employers, streamline hiring, and manage large workforces through its digital platform. The platform enables businesses to recruit, schedule, and manage workers while providing individuals with access to job opportunities, contracts, and work management tools through a mobile app. By combining recruitment, workforce management, and analytics, Job&Talent aims to simplify hiring processes and improve productivity for companies while offering workers more flexible employment opportunities. In 2025, Job&Talent raised €92 million in a Series F round to expand its workforce management platform.

Amount raised in 2025: €90M Proeduca is an online higher-education group that provides university and professional education through digital learning platforms. The company specialises in delivering fully online academic programs and professional training to students around the world. The group operates several educational institutions, as well as other specialised schools and international partnerships. Through these institutions, PROEDUCA offers undergraduate, postgraduate, and professional programs designed to combine flexible online learning with academic rigour and industry-relevant skills. Proeduca secured €90 million in 2025 to boost the development of online education in Spain.

Amount raised in 2025: $100M Fever is a global technology platform for discovering and booking live entertainment and cultural experiences. The company operates a digital marketplace and mobile app that helps users find events such as concerts, immersive exhibitions, sports, theatre performances, and festivals in cities around the world. Through its proprietary technology, Fever provides personalised recommendations and curated experiences while also offering ticketing, marketing, and data tools that help venues, promoters, and creators reach new audiences and manage events more effectively. In 2025, Fever closed a $100 million funding round, further strengthening its position in the entertainment sector.

Amount raised in 2025: €70.1M Playtomic is a sports technology company that develops a digital platform connecting racket-sports players and clubs. The company offers a mobile app and software tools that allow users to find partners, book courts, join matches, and manage sports activities such as padel and tennis. Through its marketplace and SaaS solutions for clubs, Playtomic helps sports venues manage reservations, payments, and customer relationships while enabling players to organise games and connect with local sports communities. In 2025, Playtomic secured €70.1 million in two funding rounds to support its expansion in the US and Europe.

Berlin-based Bounti has raised €4 million in a funding round led by Ventech, with participation from IBB Ventures, Robin Capital, Common Magic, and several business angels.

While much of the technology has been deployed in knowledge-based work, sectors such as hospitality, retail, and services continue to face challenges, including labour shortages, high staff turnover, and operational inefficiencies.

Bounti addresses these issues with an AI-powered platform designed for frontline teams in multi-location businesses. Rather than focusing on analytics alone, the platform identifies operational issues, analyses their root causes, and triggers concrete actions such as targeted training, task assignment, and performance tracking.

Imagine a system that automatically shows you where problems arise across your locations — and how they directly impact revenue and performance. The AI doesn’t stop at insights. It initiates action,

said Deniz Bayraktaroglu, founder of Bounti.

The platform is used by companies across sectors, including hospitality and retail, where it supports onboarding, standardisation, and internal communication for frontline employees.

By focusing on usability and real-time operational support, Bounti aims to improve execution across distributed teams, helping organisations maintain consistency and performance at scale.

Bounti will use new funding to further develop the platform and expand its deployment across frontline-focused industries.

Ghent-based Ringtime, an AI agent platform for managing inbound and outbound conversations, has raised €1.8 million in a seed round led by Volta Ventures, with participation from Syndicate One, JK Invest, New School VC and Allusion.

The company is focused on addressing structural labour shortages across sectors such as retail, logistics and hospitality, where many roles remain unfilled. Traditional recruitment processes for blue-collar workers often rely on repetitive outreach and manual screening, while existing tools are not well adapted to the communication preferences, languages, and availability of these candidates.

Ringtime’s platform automates the recruitment process end-to-end, using AI to determine the most effective way to reach candidates, including preferred channels, timing, and language. It then manages conversations, screening, and matching through a single orchestration layer.

Ringtime is evolving into a complete, intelligent solution for connecting technical candidates to the right job across sectors, languages and geographies. We’re building the infrastructure that brings supply and demand together faster than the market can do on its own,

said Diederik Syoen, co-founder of Ringtime.

Founded in 2025, the company is already generating revenue and working with clients such as Trixxo Jobs, Synergie Jobs and House of HR. In addition to recruitment, Ringtime is also used in sectors such as real estate and technical installations, where managing high volumes of communication is critical.

The funding will be used to expand the team, scale marketing efforts, and strengthen the company’s position in the recruitment sector, with plans to expand into additional European markets.

Amsterdam-based Reson8, a speech technology company developing hyper-customised automatic speech recognition (ASR), has raised €5 million in a pre-seed round led by Balderton Capital, with participation from NP Hard.

The company aims to address limitations in existing speech recognition systems, where performance often declines across European languages, dialects, and domain-specific terminology. Instead of relying on generic models, Reson8 is building acoustically precise systems that can be adapted in real time using contextual data such as documents, websites, and calendars. Its approach uses lightweight, modular adapters to tailor recognition to specific conversations without increasing latency.

Founded by Thomas Kluiters, Raoul Ritter, and Jarno Verhagen, the team brings experience in high-performance systems, AI, and speech technology. The company is focused on developing models that adapt to how language is used in real-world settings, particularly in professional environments where accuracy is critical.

Reson8’s technology is designed for applications in sectors such as healthcare, legal, and customer support, where specialised vocabulary and fast-paced communication can challenge traditional systems. By prioritising precision and adaptability, the platform aims to reduce errors in transcription and improve usability across different use cases.

Generic speech models break the moment you leave English, and customers increasingly want control over where their data lives. We believe Europe can build its own speech infrastructure that is customisable, accurate, and operated locally,

said Raoul Ritter, co-founder of Reson8.

In contrast to providers reliant on US-based infrastructure, Reson8 is building and operating its own European infrastructure, offering greater control over data residency and compliance with regional requirements. At launch, the platform will support more than 20 European languages.

The funding will be used to expand the company’s infrastructure footprint in Europe, continue development of its speech models and inference stack, and grow the team.

Recruiters spend hours a day calling, leaving voicemails, and asking the same questions. Ringtime automates the whole thing, and has already found a second home in real estate. There is a well-worn frustration in blue-collar recruitment. A warehouse operative applies on Monday, hears nothing by Tuesday, and has accepted a job somewhere else by Wednesday. […]

Amsterdam-based Reson8 has raised €5M in pre-seed funding to challenge US-centric speech platforms by building a high-precision, industry-specific speech recognition platform tailored for European languages. Reson8, a hyper-customised speech AI startup that ensures real-life, accurate, industry-specific language recognition, has raised pre-seed funding to scale its infrastructure and expand its speech models across more than 20 […]

Paris-based Parallel, a startup developing AI agents for hospitals, has raised $20 million in a Series A round led by Index Ventures, with participation from Frst, Y Combinator, Hexa, and several angel investors. The funding follows a $3.5 million seed round less than a year earlier, with the company’s technology already deployed across multiple public and private hospitals.

Hospitals continue to rely on complex administrative workflows spread across legacy systems, requiring staff to manually navigate software, input data, and complete repetitive tasks across areas such as coding, billing, and admissions. These processes consume significant resources and reduce the time available for patient care.

Parallel addresses this challenge with AI agents that operate directly within existing hospital software. Rather than requiring deep integrations or system replacements, the platform functions as an AI layer that learns to use software similarly to a human, enabling deployment in a matter of weeks.

Because our technology runs on top of legacy systems rather than requiring deep integration, our agents can automate a wide range of administrative tasks in healthcare. That means less time and resources spent on cumbersome, manual processes,

said Paul Lafforgue, co-founder and CEO of Parallel.

The company’s initial focus is medical coding, a key workflow that translates clinical data into standardised codes for reimbursement and reporting. By improving accuracy and optimisation, Parallel aims to help hospitals capture appropriate revenue. The company plans to expand its AI agents into additional administrative functions, including billing and admissions.

With administrative costs accounting for a significant share of healthcare spending and demand for care increasing, Parallel is positioning its technology as a way to improve efficiency in resource-constrained systems.

The new funding will support the expansion of Parallel’s coding solutions, international growth, and the development of additional AI agents to automate hospital workflows, alongside team expansion.

Meta’s Creator Fast Track programme guarantees three months of pay for established creators willing to build a following on Facebook, after the company paid out a record $3 billion to creators in 2025. Facebook has a creator problem that three billion monthly users cannot solve. The platform is enormous, but the creators who drive the […]

The New York digital comics platform is combining its 300,000-title library with INKR’s AI localisation engine, and bringing in new leadership to execute the expansion. The problem with getting manga into the hands of readers outside Japan is not demand. Manga is the fastest-growing category in American book publishing; global interest has been building for […]

Barcelona-based startup Health Lean Analytics (HLA) has raised €2.1 million funding, encompassing a €1.4 million seed financing round by several family offices— including Inderhabs, Namarel and Braincats — as well as a loan granted by the Spanish National Innovation Company (ENISA), a public entity under the Ministry of Industry, Trade and Tourism.

HLA specialises in automating data collection in hospital environments to reduce errors, free up clinical staff time, and improve the quality, safety, and sustainability of patient care.

The company develops solutions based on data automation, IoT, advanced analytics and AI, with a particular focus on the surgical suite, one of the most complex and critical environments within a hospital.

It enables the passive, automatic capture of clinical and operational data in real time, without manual intervention from healthcare staff, ensuring complete, reliable, and traceable information. In addition, its solutions integrate directly with existing hospital systems, unifying key data on patients, surgical materials, medications, operating room usage, and equipment and resource management.

Rather than simply displaying information, the platform interprets patterns, anticipates deviations and recommends concrete actions tailored to the needs of each role within the hospital. This enables reductions in operational and material costs, optimisation of surgical capacity, improvements in safety and quality of care, as well as freeing up clinical time and enhancing the experience of healthcare professionals.

This milestone has been made possible by the entry of Novanta as an advanced technology and strategic partner. Novanta’s advanced manufacturing and medical technology expertise, and their access to the US marketplace will enable HLA to address this new phase of growth and validate its technology in a highly demanding environment. Novanta will have representation on HLA’s Board of Directors. 

“The incorporation of Novanta as an advanced technology partner validates our technological and strategic strength and provides us with the resources and expertise needed to accelerate our R&D innovation,” says Mauro Batesteza, co-founder and co-CEO.  

“With this support, we will be able to initiate commercial deployment in the United States, a key market, and demonstrate how our technology transforms hospital management by increasing efficiency, safety and quality of patient care..” 

John Lesica, Co-Chief Operating Officer of Novanta, states, "HLA has built a compelling AI and data analytics platform that transforms complex hospital operations into real-time, actionable intelligence. What excites us at Novanta is the convergence: our RFID and sensing technologies capture the data that powers HLA's AI engine. Together, we're closing the loop between physical hospital workflows and intelligent decision-making — a combination with the potential to fundamentally change how hospitals operate, starting with one of their most critical environments: the operating room."

 The funds will be used to accelerate the company’s international expansion, with the United States as the first strategic market and a commercial deployment planned over the next 12 months, and to further strengthen its R&D capabilities.

The Paris startup opened the EU’s emissions trading market to private investors in 2024. Now it has the backing to expand into energy, electrification, and other markets shaping the industrial transition. Valentin Lautier says he got the idea for Homaio on the Eurostar. He was reading a Financial Times article about European Union Allowances, the […]

The San Francisco startup emerges from stealth with Mayfield backing and a pitch that treats ad creative as a continuous learning loop, not a quarterly deliverable. Every B2B marketing team knows the problem. A campaign launches, the creative is fresh, the targeting feels right, and then, slowly, it starts dying. Audiences tune out. Click rates […]

Paris-based Homaio has raised €3.6 million in a funding round led by RAISE Ventures, with participation from Groupe Eren, business angels, and existing investors XAnge and Redstone, bringing its total funding to over €5 million.

Founded in 2023, Homaio is an investment platform that provides retail investors with access to emissions allowance markets, which have traditionally been limited to institutional participants. These markets play a central role in climate policy and industrial transformation, particularly in Europe.

The company structures financial products backed by carbon allowances, offering a simplified and regulated way to access the market. Since launch, the platform has attracted users across more than 30 countries and manages several million euros in assets.

Valentin Lautier, founder of Homaio, said the energy transition is driven by capital allocation, with the company aiming to enable private investors to access the markets shaping this shift.

Initially focused on European carbon allowances, Homaio is expanding its platform to cover a broader range of markets linked to the energy transition, including international emissions systems and energy sectors tied to industrial decarbonisation.

The funding will support product development and the expansion of its offering beyond carbon allowances, with the goal of directing more private capital toward energy and industrial transition markets.

An extension to the company’s Series A brings total funding to €23 million and clears the path for the first human trial of KUP101, a dual TLR agonist targeting solid tumours and drug-resistant infections. Most immunotherapy research in oncology has concentrated on the adaptive immune system, the learned, antibody-generating machinery that checkpoint inhibitors like pembrolizumab […]

It’s great news for the European startup ecosystem, as today the European Commission presented its proposal for EU Inc., a new single set of corporate rules that will serve as the cornerstone and starting point for the EU's 28th regime.

The announcement represents a major milestone for EU–INC, a policy movement backed by over 22,000 signatories, including Europe's leading founders, investors, and the broader startup community.    

EU Inc. is an optional, digital-by-default European corporate framework. It will make it easier for businesses to start, operate and grow across the EU – incentivising them to stay in Europe, and encouraging those who once looked elsewhere to return.

Today, for far too many entrepreneurs and innovative companies, expanding across EU borders means navigating a fragmented corporate legal landscape. European innovative companies are faced with 27 national legal systems and more than 60 company legal forms. This complexity can delay the setting-up of a company for weeks or even months, slowing growth, raising costs and discouraging scale.  

EU Inc. is at the heart of the Commission's response to these challenges: coming in the form of a regulation, it will provide a single harmonised set of corporate rules that companies can choose instead of navigating multiple national regimes, unlocking the true potential of the Single Market.

The Draghi Report highlighted the urgent need to focus on improving the EU's competitiveness, including by making it easier for innovative companies to scale up in Europe. Announced in the Commission's political guidelines for 2024 – 2029 and President von der Leyen's SOTEU speech , the EU Inc. proposal aims to reduce fragmentation, boost EU competitiveness, and respond to the needs of innovative companies.

One Europe, one market

President Ursula von der Leyen said:

“Europe has the talent, the ideas and the ambition to become the best place for innovators. Yet today, European entrepreneurs who want to scale up face 27 legal systems and more than 60 national company forms.

With EU Inc., we are making it drastically easier to start and grow a business all across Europe.

Any entrepreneur will be able to create a company within 48 hours, from anywhere in the European Union, and fully online. This crucial step is just the beginning.

Our goal is clear: one Europe – one market – by 2028.”

Given its key importance for the EU's prosperity, the Commission calls on the European Parliament and the Council to reach an agreement on the EU Inc. proposal by the end of 2026.

Main features of EU inc. include:

• Faster registration: Entrepreneurs, founders, and companies will be able to found an EU Inc. company within 48 hours, for less than €100, with no minimum share capital requirement.
• Simpler procedures: EU Inc. companies will only need to submit their company information once, via an EU-level interface connecting national business registers together. In a second step, the Commission will establish a new central EU register. EU Inc. companies will obtain their tax identification and VAT numbers without having to resubmit paperwork.  
• Fully digital operations: Corporate processes will be digital by default throughout a company's lifecycle.
• Helping founders restart faster and cheaper: EU Inc. companies will have access to fully digital liquidation procedures. Innovative startups will have access to simplified insolvency procedures to facilitate the winding down of operations. This enables founders to try and test innovative ideas and start again if needed.
• Better conditions to attract investment: Today's proposal will remove in-person formalities, provide digital procedures for financing operations, and simplify the transfer of shares. There will be no more mandatory involvement of intermediaries for share transfers, and liquidation procedures.The proposal will also allow Member States to give EU Inc. companies access to the stock exchange
• .Better means to attract talents: EU Inc. companies will be able to set up EU-wide employee stock option plans. The stock option will only be taxed on the income generated once it is sold. This is a crucial factor in ensuring attractiveness, particularly for innovative startups.
• Full access to the Single Market: EU Inc. companies will be free to choose the Member State in which they incorporate. The proposal includes a blacklist of prohibited practices to ensure that EU Inc. companies are treated the same way as any other national companies.
• Strong safeguards against abuse: National employment and social laws are not affected by the proposal. They will apply to EU Inc. the same way they apply to any other business under national company law. The applicable safeguards of the Member State of registration will apply in full to the EU Inc. company, including when it comes to rules regarding co-determination.  
• Flexibility of shares: EU Inc. companies will have the flexibility to create different classes of shares with varying economic or voting rights. This can, for example, help founders protect their business against hostile takeovers.

In addition, the Commission is adopting today a Communication outlining the ongoing and future initiatives to complete the 28th Regime in other policy areas. The Communication proposes maximum digitalisation of interactions between companies and public authorities, for example with the European Business Wallet.

The Communication also calls on Member States to consider setting up specialised judicial chambers or courts with the authority to handle disputes on EU Inc. company law, allowing for an effective, efficient and uniform application of the EU Inc. rules.

The Commission will further explore the possibility of allowing 100% cross-border telework for innovative startups and scale-ups across the Union with the forthcoming Fair Labour Mobility Package.

The Communication also announces measures for access to capital for startups and scaleups, building on the measures of the Savings and Investment Union, a potential revision of investment rules of pension fund, and the upcoming review of the European Venture Capital Funds.

On taxation, the Commission has proposed a Head Office Tax (HOT) system that would allow small and medium-sized enterprises (SMEs) to apply the tax rules of their home country. In addition, the Business in Europe: Framework for Income Taxation (BEFIT) initiative aims to establish a single legislative framework for corporate taxation in the EU. The upcoming Omnibus simplification package on direct taxation is expected to remove additional administrative burdens of the EU businesses.

Finally, the Commission is adopting today a Recommendation on definitions of innovative enterprises, innovative startups and innovative scaleups. The Recommendation will ensure a coherent approach across the EU to ensure better monitoring of EU policies on businesses, providing certainty for companies, investors and decision-makers in the process.

“We could’ve taken on US competitors with far less friction”

For Jeppe Rindom, CEO and Co-Founder of Pleo, EU-Inc represents a significant step toward reducing fragmentation and enabling true pan-European scale for startups and fintechs.

"The proposition emerged from a broader realisation that Europe has been weak on innovation, and that European countries are individually small on the global stage. Combine this with recent geopolitical and economic events, the urgency for Europe to become more independent and self-sufficient has only intensified.

Operating across Europe has been costly and time-consuming, with expansion today requiring different partners, structures and processes in each market — much of which is still analogue.

For companies like Pleo, a proposal like EU-Inc could have enabled faster expansion, lower costs and greater ambition, with the fragmentation of planning growth across borders removed. We could’ve scaled faster, and taken on US competitors, with far less friction."

He admits that while it won’t solve every challenge — such as currencies, infrastructure and cultural differences -—
EU-Inc meaningfully lowers legal and operational barriers, and signals a shift in Europe’s mindset toward innovation and competitiveness.

"There will undoubtedly be necessary evolutions that take this further, moving Europe toward acting as a unified market on the global stage. But what we’re seeing announced today is a first step - and a hugely significant one."

Unions warn EU Inc. could allow companies to bypass national labour rules

The decision isn't popular with everyone. In response, Oliver Roethig, Regional Secretary of UNI Europa, a European Labour federation representing 7 million service workers, said:  

"The European Commission originally floated EU Inc. to help startups scale more easily across Europe while protecting labour standards. But the dangerous proposal published today opens a window for circumventing national regulatory frameworks.  

With companies allowed to cherry-pick countries with lower standards, it risks undermining our European social model, our industrial relations and quality jobs."

We'll be updating this piece with more responses to the news.