European tech startup funding surged in September
European tech startups secured €15.8 billion in funding over 300 deals during September, a nearly fivefold jump from August, driven mainly by UK companies. The number of deals also rose 82%. Cloud-focused startups attracted €5.5 billion, and the UK alone pulled in €7.3 billion. Exit activity stayed stable, with 39 exits or acquisitions recorded. The strong rebound ended a slower August.
- €15.8 billion raised in September across 300 deals
- UK startups accounted for €7.3 billion
- Cloud startups drew €5.5 billion of investment
- Deal volume rose 82% over August levels
- Exit numbers stayed steady at 39
Sources covering this
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