TLDR:
- Last week, over €672 million was invested in European tech, with almost 40% going to fintech companies.
- Key deals included Mission Zero Technologies raising £21.8 million for modular direct air capture tech and Swedish lender Froda launching in Ireland.
In a recap of last week’s European tech funding deals, over 80 tech funding deals worth over €672 million were tracked, along with more than 15 exits, M&A transactions, rumors, and related news stories across Europe. Almost 40% of the total investments went to fintech companies. Notable deals included Mission Zero Technologies raising £21.8 million for modular direct air capture tech and Swedish lender Froda citing Klarna alumni as key to their growth as they launched in Ireland.
The investment volume in European tech continues to decline, with AI-powered debt management startup “breaking through challenges” and Flagstone receiving €108 million in equity funding. This week’s investment total in European tech reached €672 million, with over €1.4 billion raised in total and 75% going to fintech and cleantech companies. Fintech continues to be a standout sector in the European tech ecosystem, with significant investment activity.
