Eleven Labs expands Series D to $550M+, DeepL to axe 250 staff, and key trends and investments in April

Tech.eu / 5/8/2026

💬 OpinionSignals & Early TrendsIndustry & Market Moves

Key Points

  • The roundup reports that, over the past week, Tech.eu tracked more than 65 European tech funding deals totaling over €1.4 billion.
  • It also notes there were over five exits and various M&A transactions, along with rumors and related coverage.
  • The title highlights major company moves: ElevenLabs expanding its Series D to $550M+ and DeepL planning to cut 250 staff.
  • The piece frames these updates alongside key trends and investments in April to provide an at-a-glance view of regional tech momentum.
This week, we tracked more than 65 tech funding deals worth over €1.4 billion and over 5 exits, M&A transactions, rumours, and related news stories across Europe.This week, we tracked more than 65...

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