One short note every Friday on what our raise watch saw in pre-seed AI, crypto and deep tech across Europe. Counted, named when public, and honest about quiet weeks.
Just over sixty announcements crossed the watch and exactly one cleared the bar, a Berlin pre-seed making the wafers for the power layer under AI. Two editions in, the tape runs at about one true early round a week.
About sixty announcements crossed the watch and exactly one cleared the bar, a Zurich photonics pre-seed built for AI data centers. Plus a pattern worth keeping: labels inflate and the tape runs late.