European tech weekly recap: €4.6B in deals and August's highlights
Last week, we tracked more than 50 tech funding deals worth over €4.6 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe. 📊 Our latest monthly report, pub...
In the latest European tech funding recap, European startups raised €3.2 billion across 165 deals in August, with investment and deal activity declining compared to July. The UK led funding with €1.4 billion, while AI attracted €677.1 million in investments. Exit activity also slowed, with only 37 transactions recorded during the month. Key funding deals included Nscale's $3B debt package for AI infrastructure in the US, Wonderful's $550M AI startup raise, and Salesforce's $166M funding round to expand its AI strategy.
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