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ID Finance lands €545M, UK launches refugee-focused VC fund, and the race to save EU Inc

Katherine Langford
Editor-in-Chief · Friday, October 16, 2026 at 2:26 PM · 1 min read
ID Finance lands €545M, UK launches refugee-focused VC fund, and the race to save EU Inc — Tech.eu, Menlo Park Technology news
Image: Tech.eu

This week, we tracked more than 65 tech funding deals worth over €1.8 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe. Europe has spent years talking about making it easier to build and scale startups across borders. EU Inc was supposed to deliver a practical solution: a single, pan-European company framework. But after months of negotiations, campaigners warn that key provisions have been stripped away, threatening to undermine the reform before it even launches. With the stakes high, EU Inc supporters are calling on founders, investors, and the wider tech ecosystem to speak up and put pressure on policymakers. Learn how you can help. Want to stay in the know? If email is more your thing, you can always subscribe to our newsletter and receive a more robust version of this round-up delivered to your inbox. ❗ Want to explore the data in more detail? The free, open-access Tech.eu Funding Explorer offers deeper insights into funding rounds, inv

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