# Venture Capital

Mistral, Oura, Helsing: The top 20 deals of 2025
Pro
Sifted data
December 23, 2025
Mistral, Oura, Helsing: The top 20 deals of 2025
The €1.7bn deal that kept Europe on the AI map — and other mega raises of the year
Éanna Kelly
Why deeptech investors keep coming back to Gothenburg
Sponsored by
December 22, 2025
Why deeptech investors keep coming back to Gothenburg
Gothenburg’s GoWest conference is the bustling centre of the Swedish west coast deeptech scene. Sifted takes a look at why investors keep coming back to the city
Sponsored by: GU Ventures
NATO Innovation Fund reduces salaries from €677k a year to ‘fair market rate’
Pro
Exclusive
December 22, 2025
NATO Innovation Fund reduces salaries from €677k a year to ‘fair market rate’
NIF declined to comment on how much it now pays its partners
Freya Pratty
The top VC predictions for Europe in 2026
Pro
Analysis
December 19, 2025
The top VC predictions for Europe in 2026
Europe’s VCs expect an influx of Chinese tech into industrial segments in Europe, a defence bubble burst and opportunities for angel investors next year
Anne Sraders
Exclusive: British air force vet raises £5m for solo GP defence and dual use fund
Exclusive
December 11, 2025
Exclusive: British air force vet raises £5m for solo GP defence and dual use fund
Twin Track Ventures only backs startups with both commercial and military use cases
Anne Sraders
NATO Innovation Fund forced to pay €52k to former partner
Pro
Exclusive
December 9, 2025
NATO Innovation Fund forced to pay €52k to former partner
Founding partner Thorsten Claus earned almost €700k a year at the taxpayer-funded firm, court documents from August reveal
Anne Sraders and Freya Pratty
Early stage VC firm FoodLabs raises third fund of €105m
Exclusive
December 8, 2025
Early stage VC firm FoodLabs raises third fund of €105m
The VC will invest in startups working in health, agriculture and food security across Europe
Miriam Partington
ElevenLabs investor Carles Reina raises $15m solo GP fund to back defence and AI startups
Exclusive
November 26, 2025
ElevenLabs investor Carles Reina raises $15m solo GP fund to back defence and AI startups
Reina has been an active angel investor and has backed the likes of Revolut
Anne Sraders
VC firm investigates after ‘Nazi salute’ at Slush afterparty
News
November 25, 2025
VC firm investigates after ‘Nazi salute’ at Slush afterparty
Man ‘held up swastika sign’ on dancefloor while friend filmed
Freya Pratty
Klaus Hommels: the divisive VC at the centre of European defence tech
Pro
Investigations
November 19, 2025
Klaus Hommels: the divisive VC at the centre of European defence tech
Hommels has earned a venerable reputation in European VC and defence — but his web of investments have raised questions about potential conflicts of interest
Anne Sraders, Freya Pratty and Miriam Partington
Drone maker Quantum Systems set to close €200m raise led by Balderton
Pro
News
November 19, 2025
Drone maker Quantum Systems set to close €200m raise led by Balderton
The UK-based VC previously led the defence tech startup’s May funding round
Anne Sraders
The European founders making defence angel bets
Pro
List
November 14, 2025
The European founders making defence angel bets
From ARX Robotics’ cofounder to ICEYE’s CEO, defence founders are increasingly making their own bets on the sector
Anne Sraders
Backed VC raises $100m for third fund following portfolio secondary sale
News
November 13, 2025
Backed VC raises $100m for third fund following portfolio secondary sale
The UK-based firm is also opening a new office in the US
Anne Sraders
These investors have backed the most European AI unicorns
Pro
Most active investors
November 10, 2025
These investors have backed the most European AI unicorns
Nvidia, General Catalyst, Atomico: the 12 funds with the biggest AI wins in the region
Ruggero Di Spigna
The investors powering Sifted’s AI 100
Pro
Most active investors
November 6, 2025
The investors powering Sifted’s AI 100
Europe’s AI scene isn’t short of hype — or capital — right now
Hessa Alabbas
Italian LPs poised to invest more in VC
Pro
Analysis
October 31, 2025
Italian LPs poised to invest more in VC
Fiscal incentives for LPs to funnel money into Italian VCs could boost the ecosystem, but investors remain cautious about the market
Anne Sraders
Defence startups 'getting their foot' in the door with Italian primes — but the ecosystem still lags
Pro
Interview
October 30, 2025
Defence startups 'getting their foot' in the door with Italian primes — but the ecosystem still lags
Local deeptech VCs at Join Capital are cautiously optimistic the Italian defence ecosystem will grow
Anne Sraders
Europe’s most active VCs in Q3
Pro
Most active investors
October 29, 2025
Europe’s most active VCs in Q3
Dealmaking spikes in 2025’s busiest quarter so far
Hessa Alabbas
VCs think cybersecurity will be a big part of the new defence boom
Pro
Analysis
October 24, 2025
VCs think cybersecurity will be a big part of the new defence boom
From mis/disinformation to command and control, VCs are bullish on the future of cyber within defence
Anne Sraders
Are VCs reserving too much follow-on capital?
Pro
Analysis
October 17, 2025
Are VCs reserving too much follow-on capital?
VCs weigh in on whether follow-on funding reserves are a "scam"
Anne Sraders
Bessemer partner says ‘no limit’ on European defence investments
Pro
Interview
October 17, 2025
Bessemer partner says ‘no limit’ on European defence investments
The $19bn US firm is angling to back a host of new European defence startups including in spacetech, manufacturing and subsea drones
Anne Sraders
Defence tech Stark hires Project A investor Uwe Horstmann as CEO
News
October 16, 2025
Defence tech Stark hires Project A investor Uwe Horstmann as CEO
Horstmann’s firm backed Stark’s latest fundraise
Anne Sraders
Atomico exodus continues as Terese Hougaard departs VC firm
Pro
Exclusive
October 14, 2025
Atomico exodus continues as Terese Hougaard departs VC firm
Investment partner’s exit is the latest in a string of senior departures
Freya Pratty
The investors behind Europe’s fastest-growing companies
Pro
Sifted 250
October 13, 2025
The investors behind Europe’s fastest-growing companies
More than 2,000 investors backed at least one company on the Sifted 250 Leaderboard
Federico Scolari

# Venture Capital

Mistral, Oura, Helsing: The top 20 deals of 2025

Why deeptech investors keep coming back to Gothenburg

NATO Innovation Fund reduces salaries from €677k a year to ‘fair market rate’

The top VC predictions for Europe in 2026

Exclusive: British air force vet raises £5m for solo GP defence and dual use fund

NATO Innovation Fund forced to pay €52k to former partner

Early stage VC firm FoodLabs raises third fund of €105m

ElevenLabs investor Carles Reina raises $15m solo GP fund to back defence and AI startups

VC firm investigates after ‘Nazi salute’ at Slush afterparty

Klaus Hommels: the divisive VC at the centre of European defence tech

Drone maker Quantum Systems set to close €200m raise led by Balderton

The European founders making defence angel bets

Backed VC raises $100m for third fund following portfolio secondary sale

These investors have backed the most European AI unicorns

The investors powering Sifted’s AI 100

Italian LPs poised to invest more in VC

Defence startups 'getting their foot' in the door with Italian primes — but the ecosystem still lags

Europe’s most active VCs in Q3

VCs think cybersecurity will be a big part of the new defence boom

Are VCs reserving too much follow-on capital?

Bessemer partner says ‘no limit’ on European defence investments

Defence tech Stark hires Project A investor Uwe Horstmann as CEO

Atomico exodus continues as Terese Hougaard departs VC firm

The investors behind Europe’s fastest-growing companies