August 2026 Startup Funding Report

48 European funding rounds and $2.1B disclosed. Lovable leads the edition; explore the companies, investors and stage breakdown.

· RoundOS Funding
Aug 1–Aug 31, 2026 · 48 announced rounds
48Funding rounds
$2.1BDisclosed capital · 48 rounds
$7.8MMedian disclosed round
01 / The takeaways

The month in funding

01

Lovable leads disclosed funding

Its $400M round represents 19% of the $2.1B disclosed across this edition. a platform aiming to allow anyone to create software.

02

AI: 10 rounds

amber, Callosum, Guideless are among the companies in the most active sector by number of rounds in this edition.

03

33 early-stage rounds

Pre-seed, seed and Series A account for 33 of the 48 announcements. These rounds total $520.3M in disclosed funding.

02 / Capital allocation

Funding by sector

Compare disclosed funding by the companies’ primary sector.

Explore the underlying rounds
Where capital wentDisclosed funding · USD
Software$451.4M
9 rounds
AI$447.3M
10 rounds
Semiconductors$326M
2 rounds
Cybersecurity$307M
2 rounds
Robotics$202M
2 rounds
Fintech$147.9M
5 rounds
Healthtech$80.9M
4 rounds
Energy$61.6M
3 rounds
Agritech$34.1M
2 rounds
E-commerce$17M
1 round
Deeptech$16.3M
4 rounds
Edtech$8M
1 round
Gaming$5.8M
1 round
Cleantech$944.4K
1 round
Sports$367.9K
1 round
Beyond 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$2.1B
Without the top three$1.1B
Aug 1–Aug 31, 2026
03 / Standout rounds

Largest funding rounds

01
Series C+ · Software

Lovable

a platform aiming to allow anyone to create software.

$400M
02
Series B · Semiconductors

Olix

The latest generation of AI models achieve breakthrough performance by using vastly more tokens to solve complex problems. As frontier models become more sophisticated, demand is compounding faster than today’s infrastructure can scale.

$312M
03
Series C+ · Cybersecurity

Cambridge Aerospace

Cambridge Aerospace builds defence technology. Its key products include drone interceptor Skyhammer, missile interceptor Starhammer, and radar system Looking Glass.

$300M
04 / Market structure

Stages & geography.

By stage

StageRoundsCapitalMedian
Pre-seed12$28.6M$2M
Series A7$319.2M$17.5M
Seed14$172.5M$4.8M
Series B8$564.6M$36.4M
Growth2$37.2M$18.6M
Series C+5$984.7M$150M

By country

CountryRoundsCapitalMedian
Norway2$6M$3M
France2$22.1M$11.1M
Belgium2$3.3M$1.6M
United Kingdom18$956.8M$10.8M
Ireland2$21M$10.5M
Finland1$1.2M$1.2M
Sweden5$451.2M$15.5M
Netherlands2$50.7M$25.3M
Denmark3$17.4M$5.8M
Germany4$52.6M$7.7M
Lithuania1$1.2M$1.2M
Spain2$250M$125M
Iceland1$3.9M$3.9M
Switzerland2$202.5M$101.2M
Cyprus1$67M$67M
05 / Investors

Most active investors in this edition

Investor activity in the selected funding rounds
InvestorRoundsLedRecent investments
01Norrsken Evolve40MotionVolve
02Ada Ventures20BoldrMedly AI
03Andreessen Horowitz20RilletHappyRobot
04existing shareholders20Lupin DentalSweGaN
05Lakestar20MindgardCambridge Aerospace
06Navigare Ventures20Pixelgen TechnologiesSolinide Photonics
07Plural20CallosumOre Energy
08.406 Ventures10Mindgard
092100 Ventures10Embedd
10Accel10Cambridge Aerospace
06 / The full selection

All funding rounds

CSV
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48 rounds · $2.1B disclosed · $7.8M median

Startup funding rounds
CompanyAmountStage / sectorLead investorAnnounced
Velatir

Velatir is developing an infrastructure layer designed to help companies manage the growing use of AI across their organisations.

€5MSeed
Software
—
Aisel Health

Aisel Health is the Danish HealthTech company building an Operating System (OS) purpose-built for psychiatry and mental health.

€1.7MPre-seed
Healthtech
—
Medly AI

UK-based EdTech startup.

$8MSeed
Edtech
—
Prevalent AI

Prevalent AI develops an AI-powered data platform designed to connect and contextualise data across enterprise systems.

$22MGrowth
Software
—
SnerpaPower

SnerpaPower is a Reykjavik-based deeptech company developing energy management software for power-intensive industries.

€3.4MSeed
Deeptech
—
Computomics

Uses bioinformatics to analyse crop performance.

€6.3MSeries B
Agritech
—
Noggin HQ

British fintech Noggin HQ was founded to solve the problem and help the 14 million people in the UK who are facing exclusion due to their credit score.

£2.3MSeed
Fintech
—
SweGaN

HEMT supplier.

$14MSeries B
Semiconductors
—
amber

amber is developing an AI platform that connects, structures and contextualises company knowledge across emails, documents, cloud applications and internal systems.

€7MSeries A
AI
—
Gravis Robotics

Swiss-based earthmoving autonomy platform.

$200MSeries A
Robotics
—
Aisot Technologies

aisot is a data analytics and forecasts platform that creates actionable trading & investment signals, by combining real-time datasets.

CHF 2MSeed
Fintech
—
Metal Morph

Metal Morph is developing an infrastructure-as-a-service solution that recovers industrial materials from municipal and industrial wastewater.

£700KPre-seed
Cleantech
—
Mindgard

The platform is designed to give a comprehensive overview of the issues that arise from security for AI.

$30MSeries A
AI
—
Cytix

Cytix enables companies to identify high risk vulnerabilities during code development.

$7MSeries A
Cybersecurity
—
FlairMakers

FlairMakers is a talent-as-a-service platform live in the UK and Romania that is purpose-built for hospitality. It connects hospitality businesses with vetted freelance professionals from the floor to the boardroom, handling training, compliance, contracts, payments and quality.

£500KPre-seed
Software
—
Lovable

a platform aiming to allow anyone to create software.

$400MSeries C+
Software
—
Cambridge Aerospace

Cambridge Aerospace builds defence technology. Its key products include drone interceptor Skyhammer, missile interceptor Starhammer, and radar system Looking Glass.

$300MSeries C+
Cybersecurity
—
Mironid

Targeted therapeutic innovation to improve health and quality of life.

$46MSeries B
Healthtech
—
Omilia

Omilia offers enterprise grade Natural Language Understanding technologies.

$67MSeries B
AI
—
Moss

Moss offers corporate credit cards and tools for managing business spending.

€30MSeries C+
Fintech
—
HappyRobot

vertical AI platform that replaces manual operational workflows with domain-specific, production-ready AI agents.

$150MSeries C+
AI
—
Ore Energy

Developing a cost-effective, long-duration energy storage system.

$43MSeries A
Energy
—
Olix

The latest generation of AI models achieve breakthrough performance by using vastly more tokens to solve complex problems. As frontier models become more sophisticated, demand is compounding faster than today’s infrastructure can scale.

$312MSeries B
Semiconductors
—
Velatir€5M

Velatir is developing an infrastructure layer designed to help companies manage the growing use of AI across their organisations.

Seed · Software

Aisel Health is the Danish HealthTech company building an Operating System (OS) purpose-built for psychiatry and mental health.

Pre-seed · Healthtech

UK-based EdTech startup.

Seed · Edtech

Prevalent AI develops an AI-powered data platform designed to connect and contextualise data across enterprise systems.

Growth · Software

SnerpaPower is a Reykjavik-based deeptech company developing energy management software for power-intensive industries.

Seed · Deeptech

Uses bioinformatics to analyse crop performance.

Series B · Agritech
Noggin HQ£2.3M

British fintech Noggin HQ was founded to solve the problem and help the 14 million people in the UK who are facing exclusion due to their credit score.

Seed · Fintech
SweGaN$14M

HEMT supplier.

Series B · Semiconductors
amber€7M

amber is developing an AI platform that connects, structures and contextualises company knowledge across emails, documents, cloud applications and internal systems.

Series A · AI

Swiss-based earthmoving autonomy platform.

Series A · Robotics

aisot is a data analytics and forecasts platform that creates actionable trading & investment signals, by combining real-time datasets.

Seed · Fintech

Metal Morph is developing an infrastructure-as-a-service solution that recovers industrial materials from municipal and industrial wastewater.

Pre-seed · Cleantech

The platform is designed to give a comprehensive overview of the issues that arise from security for AI.

Series A · AI

Cytix enables companies to identify high risk vulnerabilities during code development.

Series A · Cybersecurity

FlairMakers is a talent-as-a-service platform live in the UK and Romania that is purpose-built for hospitality. It connects hospitality businesses with vetted freelance professionals from the floor to the boardroom, handling training, compliance, contracts, payments and quality.

Pre-seed · Software
Lovable$400M

a platform aiming to allow anyone to create software.

Series C+ · Software

Cambridge Aerospace builds defence technology. Its key products include drone interceptor Skyhammer, missile interceptor Starhammer, and radar system Looking Glass.

Series C+ · Cybersecurity

Targeted therapeutic innovation to improve health and quality of life.

Series B · Healthtech
Omilia$67M

Omilia offers enterprise grade Natural Language Understanding technologies.

Series B · AI
Moss€30M

Moss offers corporate credit cards and tools for managing business spending.

Series C+ · Fintech

vertical AI platform that replaces manual operational workflows with domain-specific, production-ready AI agents.

Series C+ · AI

Developing a cost-effective, long-duration energy storage system.

Series A · Energy
Olix$312M

The latest generation of AI models achieve breakthrough performance by using vastly more tokens to solve complex problems. As frontier models become more sophisticated, demand is compounding faster than today’s infrastructure can scale.

Series B · Semiconductors
07 / Further reading

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