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European startups raise $25 billion in Q3 2026, their strongest quarterly total in four years, with Paris-based Mistral’s $3.5 billion round contributing to the gains. AI companies attract $18.8 billion, or 75% of the quarter’s funding, a record share. The U.K. leads with $7.5 billion, while Germany and France post their strongest quarters since 2021 and early 2022.
Gravis Robotics, an ETH Zurich spinout, receives a $200 million investment from SoftBank to add physical AI to existing excavators. The investment follows reports of a possible acquisition and values the Swiss construction-robotics company at about $1 billion.
Gravis Robotics raises $200 million in a Series A as SoftBank invests to scale its autonomous construction technology. The ETH Zurich spinout says its Gravis Rack and Slate interface enables mixed-fleet excavator autonomy and already runs on machines from Caterpillar, Case, Develon, John Deere, JCB, Hitachi, Sumitomo, Yanmar, and Volvo.
Gravis Robotics raises a $200 million Series A from SoftBank to scale construction autonomy. The company says the round is the largest Series A in construction robotics history.