Sigma Software Tech Digest – 13 March 2025

From AI-driven defence breakthroughs to billion-dollar tech investments—this month’s tech landscape is evolving fast. 🚀

Read the full Tech Digest for the latest trends, funding rounds, and market shifts shaping the industry. 📊✨

North America:

• Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
• Trump signs executive order establishing U.S. strategic bitcoin reserve
• Amazon cloud launches service for helping game companies with streaming
• AI startup Anthropic AI on Monday announced it raised $3.5 billion at a $61.5 billion post-money valuation, led by Lightspeed Venture Partners
• Peregrine  Raises $190M Series C Round at $2.5B Valuation
• Callio  raises $187M for proof-of-concept for dual-payload ADC
• Boston Scientific  backs mitral valve developer 4C Medical in $175M round
• Turing , a key coding provider for OpenAI and other LLM producers, raises $111M at a $2.2B valuation
• Restaurant tech provider Odeko  raises $96M Series E
• Aescape  raises $83M to bring robotic massager to more locations

The UK & Ireland:

• Financial crime fighting AI startup Quantexa has raised $175M, boosting its valuation to $2.6B
• UK's Citizens of Soil | B Corp  raises £1.8M for premium olive oil production

Nordics:

• Swedish company EcoDataCenter , dedicated to providing sustainable and high-performance data centre solutions, has secured €450M in capital via its owner, Areim
• Norwegian Telescope raises €3.7M Seed round to expand its PropTech sustainability platform

Ukraine:

• Research: The number of IT companies in Ukraine has grown by 41.1% over the past 10 years
• Ukrainian startup GRISELDA  raises $600K from Finnish-Ukrainian fund Double Tap Investments
• Ukrainian restaurant automation platform Choice has received €1M from Smartlink Partners
• Ukrainian TelCo giant Київстар is acquiring leading online ride-sharing service Uklon for an estimated $100M

Defence Tech news:

• Tech Palantir Technologies delivers first two AI-enabled systems to U.S. Army
• Europe’s defence spending should focus on innovation
• Epirus  raises $250M Series D to counter drone swarms
• Shield AI  valued at $5.3B in $240M funding round
• Dealroom.co’s latest newsletter highlights top European Defence Tech companies worth following—or investing in
• AVentures Capital has published their research about Defence Tech Investment

DACH:

• The Munich-based robotics unicorn @Agile Robots is taking over the audio intelligence company audEERING
• MoveAgain  takes over German competitor
• Combinder  closes $500K Pre-Seed for decentralised energy network

France:

• DataGalaxy, a Lyon, France-based collaborative D&A (data and analytics) governance SaaS provider, acquired YOOI, a Paris, France-based provider of a platform helping enterprises define, animate, and manage their data and AI investment strategy
• Paris-based Sofinnova Partners  raises €1.2B, surpasses €4B in AUM

European Union

• Mews , an Amsterdam, The Netherlands-based provider of a hospitality technology platform, raised $75M in funding
• Tech Investment in Europe drops 30% YoY but surges 70% from 2023
• The state of gender diversity in European startups: Female Innovation Index 2025

Middle East:

• Darwinbox  secures $140mn investment to accelerate global HR tech expansion
• Arab Energy Fund teams with Hartree to create $120mn cleantech investment vehicle
• UAE’s du climbs global telco rankings, brand value surges to $3B

LATAM:

• Brazilian fintech V360  raised a $7M Series A led by Cloud9 Capital. Honey Island by 4UM, Carpa, and Allievo also participated in the round
• Promotora Social México and Impacta VC launch $5M seed fund
• Brazilian fintech Malga  raised a $5.5M Series A round led by iDEXO and Costanoa Ventures