Europe’s startup ecosystem continues to produce ambitious companies tackling some of the biggest challenges across defence, artificial intelligence, robotics, biotechnology, and digital infrastructure.
As preparations are well under way and tickets selling for the inaugural MeOut Summit, taking place in Budapest on 25–26 November 2026, attention is turning once again to the founders and startups shaping Europe’s next wave of growth.
The event will bring together more than 1,000 founders, investors, corporates, and ecosystem builders for two days of networking, discussions, and collaboration.
Against this backdrop, we focus in on 10 standout funding rounds raised by companies based in central and eastern Europe. From defence technology and AI infrastructure to robotics and health innovation, these companies highlight the breadth of talent and ambition driving Europe’s startup landscape forward.
Frankenburg Technologies
Founded in 2024 and headquartered in Tallinn, Estonia, Frankenburg Technologies is a DefenceTech company developing missile defence and rapid response systems. The company focuses on radar, sensor fusion, tracking, and guidance technologies designed to detect and intercept incoming threats.
In February 2026, Frankenburg Technologies raised €30 million in Series A funding. The round brought the company’s total funding to approximately €35.5 million as it continues developing advanced defence capabilities for contested environments.
Saltz
Launched in 2022 in Vilnius, Lithuania, Saltz is building a consumer platform that connects customers directly with farms, fishing boats, and regional suppliers to source premium seafood and meat.
The company secured €20 million in Series A funding in March 2026. The investment is supporting Saltz’s expansion of its direct-to-consumer food marketplace and supplier network.
ABZ Innovation
Based in Szentendre, Hungary, ABZ Innovation was founded in 2021 and specialises in drones and drone-related technologies, combining engineering expertise with industrial applications.
The company raised €7 million in venture funding in January 2026. The funding is helping ABZ Innovation accelerate the development and production of its drone platforms and related accessories.
BottleCap AI
Founded in 2025 and operating from Prague, Czechia, BottleCap AI is an artificial intelligence startup developing efficient large language models designed to improve reasoning performance while reducing computational requirements.
The company raised €6.38 million Seed funding in January 2026 to advance its architecture-first approach to AI model development.
Allonic
Founded in 2025 and based in Budapest, Allonic is a robotics hardware startup developing a new manufacturing platform for producing safe, dexterous, and assembly-free robotic bodies. The company is building technology around 3D Tissue Braiding to simplify robotic manufacturing.
Allonic secured €6 million pre-Seed funding in February 2026 to further develop its robotics manufacturing platform.
Copla
Established in 2023 and headquartered in Vilnius, Lithuania, Copla provides cybersecurity-as-a-service solutions designed to help businesses protect their data, assets, and digital infrastructure.
The company raised €6 million in Series A funding in February 2026. The investment will support the growth of its cybersecurity platform and services for enterprises and technology organisations.
Axiology
Founded in 2023 in Vilnius, Lithuania, Axiology is developing regulated distributed ledger technology infrastructure for tokenised securities, covering issuance, trading, custody, and settlement.
The company raised €5 million in Seed funding in February 2026 to expand its digital securities infrastructure and support adoption of blockchain-based financial services.
Rainbow Weather
Founded in 2021 and based in Warsaw, Rainbow Weather uses artificial intelligence to deliver faster and more accurate weather forecasting through its mobile applications.
The company raised €4.68 million in Seed funding in January 2026 to continue developing AI-powered forecasting technology and expanding its weather intelligence platform.
Pioneera Biosciences
Founded in 2024 and headquartered in Vilnius, Lithuania, Pioneera Biosciences is a biotechnology company developing immune orchestration platforms aimed at improving access to next-generation cell and gene therapies.
The company secured €4.5 million in Seed funding in February 2026 to advance its biotechnology platform and develop more accessible therapeutic solutions.
Rollo Robotics
Founded in 2025 in Tallinn, Estonia, Rollo Robotics develops autonomous monowheel security robots using gyroscopic stabilisation technology for security and monitoring applications.
The company raised €3.7 million in pre-Seed funding in January 2026, supporting the continued development of its autonomous robotics systems.
In summary
From missile defence systems and AI models to robotics platforms and next-generation biotechnology, these 10 startups demonstrate the diversity of Europe’s emerging innovation landscape.
While funding sizes vary, each company reflects a broader trend: investors are increasingly backing deep technology, specialised infrastructure, and solutions designed to address complex global challenges.
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Saltz
BottleCap AI
Copla
Rainbow Weather
Pioneera Biosciences
Rollo Robotics
