Solar Foods wins €77.8M funding package for Factory 02 expansion in European tech funding roundup
Tags Infrastructure · Enterprise
Finnish startup Solar Foods secured a €77.8 million funding package to expand its Factory 02, which produces protein from CO2 and hydrogen using renewable energy. The deal was part of a week that saw over 60 European tech funding deals worth more than €585 million. Other notable deals include NewCore raising $66 million to give AI agents identities, and former Palantir employees raising $60 million for AI enterprise startup Conduct. The volume of deals indicates strong investor confidence in European tech despite global economic uncertainty.
Technical significance
Solar Foods' €77.8M round is one of the largest European climate tech deals this year, signaling investor appetite for deep-tech approaches to food system transformation. The broader funding volume (€585M+ across 60+ deals) suggests European tech fundraising is robust, with AI enterprise tools and climate tech leading the way.