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Friday 16 October 2026

Cohere to buy AI-vulnerability-hunter AISLE

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European VCs are raising new funds at close to the 2022 record pace

European VCs are raising new funds at close to the 2022 record pace. New VC funds raised by Europe-based managers grew from $8.3B in 2015 to a record $39.9B in 2022.

New funds raised by Europe-based VC managers grew from $8.3B in 2015 to a record $39.9B in 2022. 2026 is at $26.7B by mid-August, about $43B at this pace, led by EQT's $5.5B Scaleup Europe Fund, Index Ventures' $2.2B growth fund and Highland Europe's $1.2B Fund VI.

Just raised

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  • Kairos PowerAlameda$643M Late VC

    Developing fluoride salt-cooled advanced nuclear fission reactors to deliver clean, firm, cost-competitive electricity.

  • OMass TherapeuticsOxford$310M Series C

    A drug discovery company exploiting novel mass spectrometry platforms to develop therapeutics against challenging disease targets. Led by Bain Capital Life Sciences and Forbion.

  • Salience LabsOxford$125M Series B

    Ultra high-speed multi-chip processor combining photonics and electronics to accelerate exponential advances in AI. Backed by AMD Ventures, Intel Capital and SBI Group.

By country

  • US$61B
  • South Korea$2.6B
  • China$1.1B
  • UK$948M
  • Spain$630M
  • India$545M

By sector

  • Enterprise software$55B
  • Health$5.8B
  • Fintech$5.2B
  • Hosting$4.4B
  • Food$2.9B
  • Energy$2.2B

$70B across 691 rounds in October so far, by headquarters and by sector.

  • A cross-shop online wishlist service making organising gifts more efficient and easier for everyone.

    WUWinfried Umbrath

  • NoesisToronto

    Go-to-market recruitment for VC and PE-backed technology.

    ANAlexander Never founded it after working at Analysis Group and EY.

  • AI matching for intentional real-world connections.

    TWTrang Watson founded it after working at Kore.ai and LUMAE.ai.

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