The European Startups That Quietly Raised Millions This Week

Jan de Vries · 2026-07-24

If you follow European startup funding, you know that every week brings a fresh wave of deals. But not all of them make headlines. This week, from July 20 to July 24, we tracked a bunch of rounds that might have flown under your radar. Some are small, others are substantial, and a few could hint at where the next big thing is coming from. You might be wondering why we bother tracking all this. The truth is, funding rounds tell you a lot about what investors are betting on. When a startup raises money, it's not just about the cash. It's a signal that someone with deep pockets believes in the team, the product, and the market. And if you're paying attention, you can spot trends before they become obvious. ### What We Saw This Week Let's break down the highlights. We saw investments across several sectors, but a few stood out. Health tech continued to attract capital, with a couple of early-stage companies closing rounds worth over $2 million each. Fintech also had a strong showing, with one platform securing $5 million to expand its payment infrastructure. And then there was a surprise in climate tech: a small Berlin-based startup raised $1.5 million for its carbon tracking software. - **Health tech:** $2.1 million for a telemedicine platform in Spain - **Fintech:** $5 million for a B2B payments company in the UK - **Climate tech:** $1.5 million for a carbon analytics tool in Germany - **SaaS:** $800,000 for a remote team collaboration app in France These numbers might seem modest compared to the mega-rounds you hear about in the US. But in Europe, especially outside of London and Berlin, this kind of capital can be transformational. ### Why This Matters for Founders If you're building a startup in Europe, you know the landscape is changing fast. The EU Inc proposal, which aims to create a simpler legal structure for cross-border startups, could make it easier to raise money from investors across the continent. That's a big deal if you're currently dealing with the headache of incorporating in multiple countries. "The EU Inc initiative is about removing friction for founders," says Jan de Vries, an e-commerce consultant who has advised dozens of startups. "When you can incorporate once and operate across 27 countries, you're suddenly competing on a level playing field with US companies." ### How to Make Sense of Funding News Here's a practical tip: don't just look at the amount raised. Look at who's investing. If a top-tier VC like Accel or Index Ventures is backing a seed-stage company, that's often more telling than a large Series A from a less-known firm. Also, pay attention to the use of funds. Is the startup hiring? Expanding to new markets? Building a new product? That tells you where the growth is coming from. - Check the lead investor's track record - Look for syndicates or co-investors - Note the stage (seed, Series A, etc.) - See if the round includes debt or equity ### What's Next We'll keep tracking these rounds every week. If you want the full list, including details on each company, valuation, and investor, that's available for our CLUB members. But even without that, you can use this snapshot to understand the pulse of European innovation. Remember, the startups that raise quietly today might be the ones making headlines tomorrow. Keep your eyes open.