We track Scaleup Europe Fund but have little verified detail yet.
At a glance
Scaleup Europe Fund appears in 5 funding rounds tracked by ValueAddVC since 2026, leading 4. Its most frequent sector in these rounds is AI & Infrastructure, and its most recent tracked deal was Euclyd's $231M Series A round (Sep 15, 2026).
Portfolio
5 totalRecent Investment Activity
5Track record: led 4 and participated in 1 of 5 tracked venture rounds · 5 in the last 12 months · led 2 Series C, 1 Series B, 1 Series D
| Date | Company | Event | Role | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|---|---|
| Sep 15, 2026 | Euclyd | Series A | Participated | $231M | — | SamsungLeadunverifiedScaleup Europe FundunverifiedInnovation IndustriesunverifiedSomerset Capital Partners | Bloomberg |
| Sep 14, 2026 | Tandem Health | Series B | Led | $100M | — | Tech.eu | |
| Sep 8, 2026 | Mistral AI | Series D | Led | €3B | >€21B | Samsung ElectronicsLeadunverifiedScaleup Europe FundLeadunverifiedNvidiaunverifiedAndreessen HorowitzunverifiedASMLunverifiedPSG Equity | The Register |
| Sep 8, 2026 | The Exploration Company | Series C | Led | $450M | $8 billion | TechCrunch | |
| Aug 12, 2026 | Lovable | Series C | Led | $400M | $13.3B | TechCrunch |
Sector / Stage Activity
By sector (portfolio)
AI infra
2 · 40%
Semiconductors
1 · 20%
Healthtech
1 · 20%
Space
1 · 20%
By stage (tracked rounds)
Series C
2 · 40%
Series A
1 · 20%
Series B
1 · 20%
Series D
1 · 20%
Co-Investors
12Value Add Research
- VC & Investing · Sep 7, 2026Menlo Ventures 2026: $3B Fund, $14B Anthropic Stake, New Deals
- AI & Technology · Aug 17, 2026Mistral AI IPO 2026: $24B Valuation, $400M ARR, #7
- AI & Technology · Aug 13, 2026$400M at $13.3B — Lovable Doubles in 8 Months
- AI & Technology · Jul 27, 2026$13.3B on $500M+ ARR — Lovable Valuation (2026)
- AI & Technology · Jun 30, 2026Mistral AI Valuation 2026: €21B+ After a €3B Series D
Latest Pulse
- Sep 15, 2026Euclyd Raises $231M To Challenge Nvidia On InferenceDutch chip startup Euclyd raised more than $231 million in a Series A led by Samsung, with former ASML chief executive Peter Wennink joining as chairman to help commercialize a memory-centric architecture aimed at AI inference.→
- Sep 14, 2026Tandem Health Raises $100M For Clinical AI Co-PilotStockholm's Tandem Health raised €86.5 million in a Series B led by EQT's Scaleup Europe Fund to build an AI co-pilot for clinical documentation, betting European healthcare fragmentation favors a local-native builder over Abridge or Microsoft's Nuance.→
- Sep 14, 2026Tandem Health Raises $100M To Build An AI Clinic OSStockholm-based Tandem Health raised $100 million in Series B funding led by EQT's Scaleup Europe Fund, its first healthtech investment, bringing Tandem's total funding to $160 million as it expands from AI documentation into a full clinic operating system.→
- Sep 8, 2026Exploration Company Raises $450M To Rival SpaceXThe Exploration Company, a Munich- and Bordeaux-based spacecraft maker, raised a $450 million Series C led by Atomico, Bessemer and the Scaleup Europe Fund to fund its Storm rocket engine and Nyx reusable capsule program.→
- Sep 8, 2026The Exploration Company Raises $450M for NyxThe Exploration Company raised a $450 million Series C, the largest ever for a European space startup, to scale its reusable Nyx cargo capsule toward crewed and lunar missions.→
- Sep 8, 2026Mistral Raises Another €3B to Sell Europe IndependenceMistral closed a €3 billion Series D at a valuation above €21 billion, led by Samsung Electronics and an EU-backed scaleup fund, betting that governments will pay a premium for AI infrastructure they control.→
- Aug 17, 2026August's Mega-Rounds Have Already Cleared $9BFive disclosed rounds in the first two weeks of August 2026 -- Databricks, Firmus, River AI, Lovable and Form Energy -- total roughly $9.25 billion, with data infrastructure and AI compute taking three quarters of it.→
- Aug 12, 2026Lovable Confirms $13.3B Valuation, Raises Another $400MVibe-coding startup Lovable closed a $400 million Series C at a $13.3 billion valuation, doubling its worth from December, after crossing $500 million in annualized revenue and projecting $600 million by month's end.→
- Aug 12, 2026Lovable Doubles Valuation to $13.3B in Eight MonthsSwedish vibe-coding startup Lovable raised $400 million at a $13.3 billion valuation, doubling its worth in eight months as annualized revenue approaches $600 million.→
- Aug 5, 2026ICEYE Raises 1B EUR, Tops 10B EUR ValuationFinnish satellite radar company ICEYE raised a 1B EUR Series F including a 450M EUR primary round at a valuation above 10B EUR, with the EU-backed Scaleup Europe Fund co-leading its first-ever investment.→
Scaleup Europe Fund FAQ
What companies has Scaleup Europe Fund invested in?
Scaleup Europe Fund's portfolio includes Euclyd, Tandem Health, Mistral AI, The Exploration Company, Lovable.
Who does Scaleup Europe Fund co-invest with most?
In the rounds Value Add tracks, Scaleup Europe Fund most often invests alongside DST Global (2 shared deals), Innovation Industries (1 shared deal), Samsung (1 shared deal), 20VC Fund (1 shared deal), Accel (1 shared deal).
Sources & methodologyshow
Where these figures come from
- Bloombergmajor outlet1 fact
- Tech.eumajor outlet1 fact
- TechCrunchmajor outlet1 fact
- TechCrunchmajor outlet1 fact
- The RegisterValue Add VC data1 fact
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.