Fal doubles valuation to $16B as Revolut confirms $115B
Fal's $1.3B Series F lifts its valuation to $16B, while Revolut confirms $115B after a secondary sale, in a week of 55+ European funding deals.

Fal has doubled its valuation to $16 billion after a $1.3 billion Series F round, the biggest headline in a week that saw more than 55 European tech funding deals worth over €2.7 billion. More than five exits, M&A transactions and related stories were also tracked across the continent.
Big rounds and valuations
In the Netherlands, Return secured €835 million in financing to expand battery storage capacity in Germany. In the UK, Hoxton Wealth received a $135 million minority investment from Aspirity Partners. Revolut confirmed a $115 billion valuation after completing a secondary sale.
Denmark's EIFO joined TEKEVER's $580 million Series D as the company expands into Odense. On the investor side, Creandum, a backer of Lovable and Black Forest Labs, closed a $750 million fund. Solo VC Robin Capital closed a €15 million second fund for AI, robotics and space startups, and a former Phoenix Court partner launched a $17 million debut solo fund aimed at finding the next Lovable.
Deals and consolidation
Fourthline and Veridas are combining forces to take on the global digital identity market. Slovakia's TrollWall AI bought rival Elv.ai to strengthen its position in Europe's comment moderation market. Mistral acquired SkipLabs, its fifth acquisition since the start of the year.
In France, startups at STATION F raised a record €2 billion as the campus unveiled its 2026 Future 40. Estonia approved 24/7 robotic pharmacies, paving the way for a European first.
Early-stage rounds
Smaller rounds included €1.1 million for Seamoretech, which turns desalination brine into freshwater, and $800,000 for Sortrace, which uses AI-powered analysis to improve waste sorting. Unitoq raised €155,000 in pre-seed funding, MucoLife Therapeutics secured €91,000 from Vinnova to scale manufacturing of its COPD treatment, and Lazzaro One landed pre-seed funding for maritime intelligence technology.
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