Weekly funding round-up! All of the European startup funding rounds we tracked this week (Aug. 03 – Aug. 07)
This article is visible for CLUB members only. If you are already a member but don’t see the content of this article, please login here. If you’re not a CLUB member yet, but you’d like to read members-only content like this one, have unrestricted access to the site and benefit from many additional perks, you […] The post Weekly funding round-up! All of the European startup funding rounds we…
European startups raised €8.6 billion in July, according to Tech.eu. This was slightly more than the €8.3 billion recorded in June, despite a 9 per cent decline in the number of transactions, from 293 to 267.
The biggest deal in July came from Germany-based Helsing, which secured a $1.8 billion Series E at a $18 billion valuation. According to Tech.eu, 14 companies raised more than €100 million each, and 35 deals had an undisclosed value.
Artificial intelligence was the leading sector by investment volume, capturing 21.2 per cent of the month’s total funding, at €1.8 billion, and Germany emerged as the top fundraising market, securing €3.5 billion over 48 transactions.
Brief written by urgent.news from EU-Startups, Tech.eu — 2 reports on this story. Machine-written — it may contain errors, so check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
