Wayve leads disclosed funding
Its $1.2B round represents 41% of the $2.9B disclosed across this edition. Wayve uses end-to-end deep learning to develop artificial intelligence capable of complex driving.
February 2026 Startup Funding Report
46 European funding rounds and $2.9B disclosed. Wayve leads the edition; explore the companies, investors and stage breakdown.
Feb 1–Feb 28, 2026 · 46 announced rounds
46Funding rounds
$2.9BDisclosed capital · 46 rounds
$21.9MMedian disclosed round
01 / The takeaways
The month in funding
Software: 11 rounds
Ark Climate, BeyondMath, Celebratix are among the companies in the most active sector by number of rounds in this edition.
28 early-stage rounds
Pre-seed, seed and Series A account for 28 of the 46 announcements. These rounds total $434.7M in disclosed funding.
02 / Capital allocation
Funding by sector
Compare disclosed funding by the companies’ primary sector.
Explore the underlying roundsTransportation$1.2B
1 roundAI$609.3M
7 roundsHealthtech$268.2M
8 roundsFintech$225.3M
4 roundsSoftware$137.6M
11 roundsCybersecurity$97.3M
2 roundsEnergy$82M
2 roundsTravel$70M
1 roundCleantech$66.8M
3 roundsLegaltech$60M
1 roundFoodtech$37.7M
1 roundSpace$35.3M
1 roundDeeptech$16.3M
2 roundsHRtech$7.2M
1 roundMedia$7M
1 roundBeyond the headline
Take out the three biggest rounds.
The remaining capital went to smaller rounds. Compare the totals before and after removing the three largest deals.
All disclosed funding$2.9B
Without the top three$1.1B
Feb 1–Feb 28, 202603 / Standout rounds
Largest funding rounds
Series C+ · Transportation
Wayve
Wayve uses end-to-end deep learning to develop artificial intelligence capable of complex driving.
Series C+ · AI
ElevenLabs
ElevenLabs is an AI research and deployment company that develops platforms for generating speech, sound effects, music, and conversational voice agents.
04 / Market structure
Stages & geography.
By stage
| Stage | Rounds | Capital | Median |
|---|---|---|---|
| Pre-seed | 7 | $11.6M | $1.4M |
| Series C+ | 7 | $2.1B | $74.1M |
| Series A | 11 | $324.2M | $35.3M |
| Seed | 10 | $98.8M | $5.9M |
| Series B | 9 | $400.7M | $43.4M |
| Growth | 2 | $24.4M | $12.2M |
By country
| Country | Rounds | Capital | Median |
|---|---|---|---|
| Germany | 7 | $101.7M | $12M |
| United Kingdom | 16 | $2.3B | $44.2M |
| Switzerland | 1 | $22M | $22M |
| Italy | 3 | $14.8M | $7M |
| Sweden | 1 | $2.9M | $2.9M |
| Austria | 2 | $24.9M | $12.4M |
| Czech Republic | 1 | $2M | $2M |
| Hungary | 2 | $26.4M | $13.2M |
| Netherlands | 3 | $50.9M | $2.6M |
| Estonia | 1 | $35.3M | $35.3M |
| France | 4 | $193M | $43.8M |
| Denmark | 1 | $4.7M | $4.7M |
| Belgium | 1 | $1.8M | $1.8M |
| Ireland | 2 | $113.1M | $56.6M |
| Spain | 1 | $52M | $52M |
05 / Investors
Most active investors in this edition
| Investor | Rounds | Led | Recent investments |
|---|---|---|---|
| 01Balderton Capital | 3 | 1 | WayveGitGuardian |
| 02Lightspeed Venture Partners | 3 | 0 | temNaboo |
| 03AlbionVC | 2 | 0 | Kinfolktem |
| 04Alstin Capital | 2 | 0 | SecfixVoiceLine |
| 05Ascension VC | 2 | 0 | KinfolkTembo |
| 06Atomico | 2 | 0 | Andercoretem |
| 07Bpifrance | 2 | 0 | VerleyGitGuardian |
| 08British Business Bank | 2 | 0 | WayveTembo |
| 09Crane Venture Partners | 2 | 0 | Encordnyra health |
| 10GV | 2 | 0 | SolveAILawhive |
06 / The full selection
All funding rounds
46 rounds · $2.9B disclosed · $21.9M median
| Company | Amount | Stage / sector | Lead investor | Announced |
|---|---|---|---|---|
| Patientdesk.ai Proven in dental scheduling, now expanding to insurance, payments, and care coordination. Already live across 35+ locations with 3 major chains while building. | $1M | Pre-seed Healthtech | — | |
| Straion Straion, the rules layer built to turn the current chaos of AI coding into governed, production-grade engineering. | €1.1M | Seed Software | — | |
| Verley Verley develops precision fermentation technology for dairy production. | €32M | Series A Foodtech | — | |
| VoiceLine VoiceLine helps professionals by bringing voice collaboration to high performing teams. | €10M | Series A Software | — | |
| Cernel Aarhus-based startup developing an AI-driven platform for the intelligent management of e-commerce data. | €4M | Seed AI | — | |
| Dytto Ghent-based startup building an AI assistant for accounting and bookkeeping firms. | €1.5M | Pre-seed AI | — | |
| Vizzia Vizzia developed an algorithm installed on a removable camera, an autonomous device capable of detecting illegal deposits. | €30M | Series B Cleantech | — | |
| FYLD Provider of an AI-powered field work execution platform. | £32M | Series B Software | — | |
| Contents Contents provides AI software that analyses trends and generates content. | €5.9M | Series B Media | — | |
| Onodrim Industries the Netherlands–based European defence technology company. | €40M | Seed Cybersecurity | — | |
| GitGuardian GitGuardian is a cybersecurity start-up embarked on a mission to take credentials out of source code. | $50M | Series C+ Cybersecurity | — | |
| Neurent Medical the company behind NEUROMARK, a minimally invasive solution to treat chronic rhinitis. | €62.5M | Series C+ Healthtech | — | |
| Tembo Tembo is on a mission to transform lending. Its innovative mortgage product is helping generation buy a home. | £16M | Growth Fintech | — | |
| Andercore Andercore, an AI-enabled industrial supply trade platform,. | $40M | Series B AI | — | |
| tem tem. allows businesses to purchase energy directly from renewable generators. | $75M | Series B Energy | — | |
| Naboo Naboo operates a venue reservation platform adapted to availability and selected criteria. | $70M | Series B Travel | — | |
| Aerska Aerska has developed an antibody-oligonucleotide conjugate (AOC) platform that uses “brain shuttles” to help deliver RNAi directly to the brain, allowing for better uptake by neurons and lasting gene knockdown. | $39M | Series A Healthtech | — | |
| Lawhive Lawhive is an online platform for people and businesses to get legal help for a fraction of the cost of a local law firm. | $60M | Series B Legaltech | — | |
| Artificial Labs algorithmic underwriting InsurTech. | $45M | Series B Fintech | — | |
| ElevenLabs ElevenLabs is an AI research and deployment company that develops platforms for generating speech, sound effects, music, and conversational voice agents. | $500M | Series C+ AI | Sequoia Capital | |
| Biorce a TechBio company focused on transforming clinical trials through artificial intelligence. | $52M | Series A Healthtech | — |
Proven in dental scheduling, now expanding to insurance, payments, and care coordination. Already live across 35+ locations with 3 major chains while building.
Straion€1.1M
Straion, the rules layer built to turn the current chaos of AI coding into governed, production-grade engineering.
Verley€32M
Verley develops precision fermentation technology for dairy production.
VoiceLine€10M
VoiceLine helps professionals by bringing voice collaboration to high performing teams.
Cernel€4M
Aarhus-based startup developing an AI-driven platform for the intelligent management of e-commerce data.
Dytto€1.5M
Ghent-based startup building an AI assistant for accounting and bookkeeping firms.
Vizzia€30M
Vizzia developed an algorithm installed on a removable camera, an autonomous device capable of detecting illegal deposits.
FYLD£32M
Provider of an AI-powered field work execution platform.
Contents€5.9M
Contents provides AI software that analyses trends and generates content.
the Netherlands–based European defence technology company.
GitGuardian$50M
GitGuardian is a cybersecurity start-up embarked on a mission to take credentials out of source code.
Neurent Medical€62.5M
the company behind NEUROMARK, a minimally invasive solution to treat chronic rhinitis.
Tembo£16M
Tembo is on a mission to transform lending. Its innovative mortgage product is helping generation buy a home.
Andercore$40M
Andercore, an AI-enabled industrial supply trade platform,.
tem$75M
tem. allows businesses to purchase energy directly from renewable generators.
Naboo$70M
Naboo operates a venue reservation platform adapted to availability and selected criteria.
Aerska$39M
Aerska has developed an antibody-oligonucleotide conjugate (AOC) platform that uses “brain shuttles” to help deliver RNAi directly to the brain, allowing for better uptake by neurons and lasting gene knockdown.
Lawhive$60M
Lawhive is an online platform for people and businesses to get legal help for a fraction of the cost of a local law firm.
Artificial Labs$45M
algorithmic underwriting InsurTech.
ElevenLabs$500M
ElevenLabs is an AI research and deployment company that develops platforms for generating speech, sound effects, music, and conversational voice agents.
Sequoia Capital
Biorce$52M
a TechBio company focused on transforming clinical trials through artificial intelligence.
07 / Further reading
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