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Open Cosmos secured €300 million in funding to expand its satellite intelligence and communications businesses, while a Tech.eu report tracked more than 70 European tech funding deals worth over €1.7 billion during the week.
Italian company Exein has raised a $270 million funding round led by Headline, bringing its valuation to $1.7 billion and making it Europe’s latest unicorn. The company plans to direct the funding toward acquisitions, hiring, and developing a security model for physical AI.