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On October 21, 2026, Tech.eu released a report stating that in the third quarter of 2026, European tech companies completed a total of 732 deals and raised €27.8 billion. The report shows that this figure represents a 32.4% increase from €21 billion in the same period of 2025, and is more than double the €11 billion in the same period of 2024. The large deals listed in the report for the quarter include Mistral AI's €3 billion, Nscale's two rounds of approximately €2.95 billion and €2.59 billion, Helsing's €1.58 billion, and Quantum Systems' €1.05 billion, for a total of five deals exceeding €1 billion; Nscale raised approximately €6.3 billion across three rounds in the quarter. By sector, AI companies raised €6.7 billion and cloud companies €6.4 billion, together accounting for about 47% of the quarter's total. By country, the United Kingdom accounted for about 43% with nearly €12 billion across 188 deals, Germany about €4.9 billion, and France €4 billion. Currently, this report is the only source, and there are no subsequent developments.
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European Tech Weekly: Over €1.5B Raised Last Week, Q3 2026 Funding Reaches €27.8BDevelopments
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Oct 26
Tech.eu
European Tech Weekly: Over €1.5B Raised Last Week, Q3 2026 Funding Reaches €27.8B
Tech.eu statistics show that European tech companies completed more than 65 funding rounds last week, totaling over €1.5 billion, with more than 4 exits and M&A transactions. In Q3 2026, European tech companies raised a total of €27.8 billion across 732 deals, up 32.4% from €21 billion in the same period of 2025. The UK accounted for about 43% with €12 billion, while AI companies attracted €6.7 billion, or about 24%.
Oct 21
Tech.eu
European tech funding rebounds to €27.8B in Q3, with AI and cloud accounting for nearly half
In the third quarter of 2026, European tech companies completed a total of 732 deals and raised €27.8 billion, up 32.4% from €21 billion in the same period of 2025 and more than double the €11 billion in the same period of 2024. Mistral AI (€3 billion), Nscale (two rounds of about €2.95 billion and €2.59 billion), Helsing (€1.58 billion) and Quantum Systems (€1.05 billion) accounted for five deals exceeding €1 billion, with Nscale raising about €6.3 billion across three rounds in the quarter. AI companies raised €6.7 billion and cloud companies €6.4 billion, together accounting for about 47% of the quarter's total; the UK accounted for about 43% with nearly €12 billion and 188 deals, while Germany accounted for about €4.9 billion and France €4 billion.