August 2025 proved to be a significant month for European tech funding, with several high-profile players closing massive rounds that underscore the continent’s growing influence in clean energy, healthcare, SaaS, and AI.
Here’s a rundown of the top funding rounds that defined the month.
Bending Spoons (Italy)
Founders: Luca Ferrari (Co-founder/CEO)
Founded: 2013
Recent funding: €500+ million
Milan’s Bending Spoons continues to rewrite the rules of tech scale-up. Founded by telecom engineer Luca Ferrari in 2013, the company morphed from a modest €40,000 startup into a $2.55 billion powerhouse, acquiring and scaling digital products through a mix of operational rigour and AI innovation.
In August, the company secured more than €500 million in debt, backed by JPMorgan, Goldman Sachs, HSBC, and BNP Paribas, to accelerate an acquisition spree. Despite having a compact team of just 400, Bending Spoons powers apps that reach 150 million monthly active users, generating over €600 million in revenue while operating with efficiency comparable to tech giants like Google.
Ortivity (Germany)
Founders: Dr. med. Reinhard Wichels and Apheon
Founded: 2022
Recent funding: €200 million
Ortivity is quietly transforming orthopaedic care in Germany. Founded in 2022 with physician-led ownership, the Munich-based startup operates over 100 outpatient clinics, delivering services ranging from diagnostics to post-operative care, backed by a unique partnership model.
In late August, Ortivity secured a €200 million growth round led by its existing backer, Apheon, with additional capital from private equity firm Unigestion. The funding will fuel expansion plans aimed at modernising orthopaedic care, moving it away from traditional hospitals and towards scalable outpatient facilities.
Aira (Sweden)
Founders: Martin Lewerth (Former CEO), Peter Prem (Current CEO), Harald Mix (Chairman)
Founded: 2022
Recent funding: €150 million
Stockholm-based Aira is leading the way in the clean energy transition with its intelligent heat pump technology. Founded in 2022 with backing from Northvolt’s co-founder, the company now boasts a €200 million revenue run-rate and 1,200 employees spread across key European markets.
This August, Aira closed a €150 million equity round led by longtime investors Altor and Singapore’s Temasek, among others. The capital will be deployed to ramp production capacity in Poland and boost R&D in Sweden, solidifying Aira’s position at the forefront of Europe’s residential heating decarbonization.
Framer (Netherlands)
Founders: Koen Bok (Co-founder), Jorn van Dijk (Co-founder/CEO)
Founded: 2014
Recent funding: $100 million ($100 million)
From its roots as a prototyping tool, Framer, based in Amsterdam, has evolved into a no-code platform powering hundreds of thousands of professional websites worldwide. Helmed by design specialist Jorn van Dijk, Framer counts Scale AI and Perplexity among its high-profile clients.
In late August, the company raised $100 million in a Series D funding round at a $2 billion valuation, led by Meritech and Atomico, with WiL and HV Capital also participating. The fresh capital will turbocharge its U.S. expansion and new AI-powered product features, while the company continues to stay profitable..
n8n (Germany)
Founders: Jan Oberhauser (Founder/CEO)
Founded: 2019
Recent funding: Series C (amount undisclosed, estimated €200-300M)
Automation startup n8n has carved a niche with its “fair-code” workflow automation platform, founded by Jan Oberhauser, a former visual effects artist with credits on films such as Maleficent and Happy Feet Two. n8n blends AI smarts with developer-grade flexibility for technical teams.
In August, n8n raised a Series C led by Accel at a $2.3 billion pre-money valuation after winning out over several bidders, including Insight Partners. With 200,000 active users and 100,000 GitHub stars, n8n is rapidly scaling, with new offices in New York and London, and processing billions of automated workflows for customers worldwide.
ADANOLA (UK)
Founders: Hyrum Cook (Founder), Niran Chana (CEO)
Founded: 2015
Recent funding: Minority investment (valuation: $530 million)
Manchester-based activewear brand ADANOLA has become one of the UK’s fastest risers thanks to viral hits like the Ultimate Leggings, favoured by celebrities like Kendall Jenner and Kaia Gerber. Founded in 2015 by Hyrum Cook, ADANOLA overcame early challenges to build revenues north of £57 million.
In August, the company attracted a minority investment from LA-based STORY3 Capital Partners, valuing the brand at $530 million. New CEO Niran Chana, former Gymshark growth lead, is steering the company’s next growth phase from its recently opened 13,000-square-foot Manchester headquarters, while Cook refocuses on product and brand building.
