European tech weekly recap: โฌ1B in deals and July's highlights
Last week, we tracked more than 35 tech funding deals worth over โฌ1 billion and 5 exits, M&A transactions, rumours, and related news stories across Europe. ๐ Our latest monthly report, published l...
In July, European tech startups raised a total of โฌ8.6 billion across 267 funding deals, with significant investment in artificial intelligence. Germany emerged as the leading country in terms of funding, securing โฌ3.5 billion. AI received the most funding, attracting โฌ1.8 billion. The month also saw 51 exit transactions, indicating strengthening exit activity.
Notable deals include Olix's $312M raise in the UK, Volta's $300M investment in the UK with backing from Nvidia and Dell, and Moss hitting unicorn status after a โฌ30M Series C in Germany.
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