Post by Seb Johnson 📊🇪🇺

A STRONG end to the week in European tech, as an 18-month-old startup exits to SAP for €1bn 🚀 Let's see what else happened: Funding rounds: 🔥 ENGO Eyewear, from Eric Marcellin-Dibon and BERGER DUQUENE Fabrice, raised €5.1m 🔥 Sightera Biosciences, from Hendrik Vercammen and Maxim Le Compte, raised €3m pre-seed Startup news: 🌱 ElevenLabs is opening its first Toronto office and doubling its Canadian team by end of 2026 🌱 Cambridge Aerospace is in talks to raise $300m at a $3.4bn valuation Other news: 💡 Revolut received a $196m investment from Nvidia's venture arm through a secondary share sale at a $75bn valuation Fund news: 📣 Lakestar closed its Resilience I fund at €262.2m to back European defence and dual-use tech cc Dr. Klaus Hommels 📣 EQT Life Sciences received a €25m commitment from the British Business Bank for its Health Economics 3 Fund cc René Kuijten M&A: 🤝 SAP completed its €1bn acquisition of Prior Labs, just 18 months after the startup was founded cc Frank Hutter, Noah Hollmann and Sauraj Gambhir Podcasts: 🎧 Scaling Europe Podcast featured Jacomo Corbo, PhysicsX Interested in European tech? Subscribe here for daily updates: https://lnkd.in/d54jdWXP