European tech investments jump 18% in July, Energy Vault secures €258M, and Ukraines plan for national LLM
Summary
This roundup covers European tech investment activity in July and highlights several major funding rounds and exits. Energy Vault secured €258M to launch a new asset-focused subsidiary, while other companies across energy, AI, telecom, and fintech also drew attention. The article also notes that European tech investments rose 18% in July to €9.3B, with telecom leading the charts. It mentions Ukraine's launch of an AI Factory and national LLM as part of its digital sovereignty push. The piece closes with a list of startups to watch, including several early-stage raises in cybersecurity, biotech, and media.
Funding
Amount
$280.6M
Total raised
Date
August 5, 2025
Announcement date
Investors
Wireless Logic, BOM, SendR
Lead investors
Company
energyvault.com
Funded company
Classifications
industries
AgriTech
applications
Accounting and Taxes
AskAI Classifications
Labels
Energy Management Software
Industrial Software
SaaS