Bird vs Brevo

European Tech Weekly Recap: Over €2B Invested Across 65+ Deals

This weekly recap summarizes European tech funding and M&A activity for the week of September 21-27, 2026. More than 65 funding deals raised over €2 billion, with robotics, AI, and healthtech leading the sectors. Portugal, the Netherlands, and the UK were the top countries by funding amount. Notable deals include TEKEVER's $580M Series D, Bird's $450M debt raise, and Verda's $189M AI cloud funding. In M&A, feld.energy is acquiring AckerKapital, EYSA acquires Joinup, Mistral AI acquires Pimento, and Luno acquires GXTN. The recap also highlights various smaller funding rounds across Europe.

• Over 65 tech funding deals raised more than €2 billion in Europe during the week of September 21-27, 2026.
• Top industries: robotics (€508.3M), AI (€406.6M), and healthtech (€305.8M).
• Leading countries: Portugal (€510.9M), Netherlands (€435.9M), UK (€273.9M).

Bird secures $450M and opens its infrastructure to AI agents

Bird announced securing $450M in financing and opening its infrastructure to AI agents, as featured on the company's blog.

Bird Raises $450M Debt, Cuts Headcount to 120

Bird, the business communications platform formerly known as MessageBird, has raised $450 million in debt financing led by JP Morgan, Capital One, and Citi. The funding includes a $400 million term loan and a $50 million revolving credit facility, with seven banks participating. The proceeds will provide liquidity to existing shareholders, including current and former employees. The company has drastically reduced its headcount from over 1,000 at its peak to 120, driven by automation and a strategic pivot toward AI. Bird is focusing on its AI Agentic Harness platform, which enables AI agents to communicate via SMS, calls, and email. The company reported $165 million in profits last year.

• Bird raised $450 million in debt financing led by JP Morgan, Capital One, and Citi.
• The financing comprises a $400 million term loan and a $50 million revolving credit facility.
• Bird's headcount has been reduced from over 1,000 at its peak to 120 employees.

Trezor warns of phishing after Brevo email provider breach

Hardware crypto wallet maker Trezor has warned customers of a second data breach affecting its ecosystem in as many months. A cyberattack on Brevo, a marketing technology company used by Trezor for email newsletters, allowed hackers to send approximately 347,000 phishing emails to Trezor customers. The phishing emails contained a malicious link that, when clicked, downloaded an app requesting the victim's wallet backup password, which could be used to steal cryptocurrency funds irreversibly. Brevo reported that hackers accessed 138 accounts due to improperly scoped permissions. Trezor emphasized that its own products and account systems were not compromised. This incident follows a previous breach at shipping partner ShipMonk that exposed personal data of over 81,000 customers, heightening risks of targeted physical attacks. Trezor is reevaluating vendor relationships and warns that email addresses may be used for future phishing attempts.

• Cyberattack on Brevo allowed hackers to send approximately 347,000 phishing emails to Trezor customers.
• Brevo reported that hackers accessed 138 accounts due to improperly scoped access permissions.
• Phishing emails contained a malicious link that could be used to steal wallet backup passwords.

HubSpot Reverses Enrichment Plan After Backlash

HubSpot reversed its plan to add business-card-level customer data to a shared enrichment dataset for a new prospecting feature after customer backlash, committing to a fully opt-in approach for future enrichment capabilities. The event highlights the need for martech buyers to audit vendor contracts, monitor data-use changes, and establish governance processes. The article presents five lessons for customer data leaders, including scrutinizing contract definitions, reviewing change clauses, and building internal processes to handle vendor data-use notices. With input from industry experts, it outlines practical steps to preserve, assess, decide, and document when vendors alter data usage.

• HubSpot proposed adding business-card-level professional details to a shared enrichment dataset for a new prospecting feature.
• HubSpot reversed the plan after customer backlash and committed to making future enrichment capabilities fully opt-in.
• HubSpot's chief product and technology officer Duncan Lennox admitted the company made a mistake.