After the summer break, the funding season is about to restart in Europe, and if everything goes well, it will count dozens of new unicorns (plural). While large competitions are less common than in 2021, this did not stop 12 European startups from raising over $1 billion in the first half of 2025.
As usual warnings, past performances do not indicate future results, but this is good for the rest of the year. Either way, it also makes a good indication of the hot sectors among investors, from biotech and defense technology to AI, AI and AI.
This is the new European unicorn for 2025:
September 2025
IQM
IQM is a Finnish startup that develops quantum computers and is a cloud platform that hits this hardware, becoming a unicorn after it is improved. More than $300 million In Series B financing. So far, the company has raised a total of $600 million.
“We are now a company that sells the most quantum computers in the world,” its CEO Jan Goetz told TechCrunch. IQM’s 54 Qubit chips are already in computing centers, research labs, universities and enterprises, and the company is preparing to deploy its first 150 Qubit system.
Maker
Codeless website builder framework reaches $2 billion after logging in A $100 million D financing. This is led by existing investors Meritech and Atomico. The company will use the new cash to carefully study its corporate strategy and AI.
Framer competes with Figma, Squarespace, Wix and Vibe encoding platforms, among others. Its co-founders Koen Bok and Jorn van Dijk have previously Selling the design studio to Facebook In 2011.
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July 2025
cute
Fast-growing Swedish AI Vibe coding startup Lovable became a unicorn in record time. July, just eight months after it was released, it raised A $200 million series Leaded by Accel, it is valued at $1.8 billion. One note: The lovely lab company is Register in Delawarebut most startup team members and Open roles Located in Stockholm.
Fusion of energy
Fuse Energy is a British renewable energy company founded in 2022 by two former Crazy Executives, raising a round of funding. It is believed to be valued at more than $1 billionThe Times reported in July.
June 2025
Mubi
Movie streaming service Mubi was led by Medoia Capital in June, with the company rating of $1 billion, Make it a unicorn. This independent Netflix competitor was founded in 2007 in 2007 Production And distribute the movie.
Zhama
French startup Zama raises $57 million in Series B to bring its valuation to $1 billion north. Company Development Homomorphic encryptiona technology that uses encryption algorithms to ensure data security.
ISAR Aerospace
German space startup Isar Aerospace reached an agreement with Eldridge Industries for 150 million euros (approximately $173 million). this Launch Company Development from the Technical University of Munich (TUM) Now claiming 22 unicorns.
May 2025
Tekever
Tekever, a Dual use drone startup Outside Portugal, a round of funds raised in May Confirmed its value is over £1 billionnot announced before.
It is backed by Ventura Capital, Baillie Gifford, Nato Innovation Fund (NIF), Iberis Capital and Crescent Cove and will fund the company’s plan to invest £400 million in the UK development program, which covers five years.
Quantum System
Germany dual-use startup quantum system Become a unicorn According to Pitchbook, May 2025 C Series C that raised 160 million euros (approximately $172 million) accelerates its global expansion, scales production and advances its autonomous drone systems, software and AI.
The round is led by Balderton Capital, with participation from Hensoldt, Airbus Defense and Space, Bullhound Capital, LP&E AG, and existing investors including HV Capital, Project A, Peter Thiel, DTCP, DTCP, Omnes Capital, Airbus Ventures, Airbus Ventures, Porsche SE and Notion.
parloa
Parloa, a German startup that provides customer service conversational AI platform, gains protection $120 million in C-level funds The valuation in May 2025 was $1 billion, less than a year $66 million Series B Two years later $21 million Series A. The C Series is led by durable capital partners, altimeter capital and general catalysts.
March 2025
Isomorphic Laboratory
Isomorphic Laboratory, a London-based AI drug discovery platform External capital raised for the first time In March 2025, the $600 million round led by Thrive Capital, from GV and Alphabet. The valuation was not disclosed, but the round firmly secured the British derivatives within unicorn territory.
February 2025
tin
Based on Dublin-based Tines, a startup focused on AI-driven workflows, Become a unicorn in February 2025 raising $125 million in Series C C from new and existing investors at a valuation of $1.125 billion.
Ireland startups start with automated safe workflows Adopted in other parts of the technology stackand applications in infrastructure, engineering and products. The company said after proposing the C Series C, now conducting a billion automatic actions on behalf of customers every week.
January 2025
Verdiva Bio
Less than a year after launch, London-based biotech Verdiva Bio raises massive scale $410 million Series A In January 2025, its first announced funding. This immediately became a unicorn, whose pipeline includes oral GLP-1 drugs similar to Ozempic and Wegovy.
Neko Health
Neko Health, a preventive health startup co-founded by Spotify’s Daniel EK, Raised $260 million Series B with a valuation of $1.8 billion January 2025. The round is led by Lightspeed Venture Partners, with participation from Catalyst, OG Venture Partners, Rosello, Lakestar and Atomico.
Swedish companies provide full-body scans with the goal of helping people stay healthy through early detection. According to its CEO and co-founder Hjalmar Nilsonne, the funding will accelerate Neko’s global expansion outside Stockholm and London, including the United States, as well as investment in R&D.
