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European tech funding reaches €30 billion in H1 2026 with capital concentration in larger deals

Funding Provisional 85% confidence first seen

European tech companies raised approximately €30 billion in the first half of 2026, representing a 46% increase year-over-year, but the number of funding rounds declined 18% to 1,555 deals. Capital increasingly concentrated in mega-rounds, with seven major funding events including Isomorphic Labs' €1.8 billion Series B and Nscale's €1.7 billion Series C, while the exit market contracted significantly with acquisitions down 25% and IPOs down 43%.

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