Hello Doer! 👀
Your fast digest of last week’s startup moves. Monday mode: activated. 🚀
🌍 Europe
Europe’s defence-tech boom: 230+ startups since 2022 and $1.5 billion invested in 2025, but investors say the sector is entering a hype cycle.
German drone maker Quantum Systems is raising €150M at a €3B valuation to fuel its AI-driven defence tech expansion.
Stockholm-based Encube secured $23M to build next-gen AI hardware designed to slash energy costs in data centres.
🌍 MENA
GITEX Global 2025 in Dubai drew 6,800+ exhibitors, 2,000 startups and 1,200 investors, reinforcing the UAE’s tech-hub ambition.
Chari raises $12M and wins Morocco’s first VC-backed fintech licence.
Crescent Enterprises injects $68M into CE-Creates to supercharge UAE venture building.
🌎 U.S.
AI Lab Lila Sciences added $115M to its Series A, reaching $350M in total funding and bringing Nvidia on board as a new investor.
Fivetran and dbt Labs will merge in an all-stock deal to form a combined data-infrastructure company expected to generate nearly $600 million in annual revenue.
Firefly Aerospace will acquire SciTec for about $855 million to bolster its national-security and defense tech portfolio.
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Till next week,