In June, the volume of invested venture capital in Europe saw a 5% decrease compared to May, according to Crunchbase data. The total of invested volume reached $5.2 billion, spread across 409 funding rounds.
Number and volume of announced funding rounds over the past 12 months*
- Number of funding rounds
- Invested volume in $bn
Leader Industries and Investors
According to the number of conducted investments, the software startups lead the market with a total of 86 investments. The AI trend persists, with 50 investments being made in AI startups this month, thus capturing the spot of second most invested industry, followed by IT startups on the third spot.
Now, regarding the companies behind the investments, Seraphim Space emerged this month as the most active venture capital investor, completing a total of 6 deals. Seraphim Space is a global investor specialising in SpaceTech with a growth fund, a venture fund and an early-stage space focused accelerator.
The second place is shared by Business Growth Fund and GEM Capital, with 3 closed deals each.
Top 10 Industries of Financed Startups
- Software
- AI
- IT
- SaaS
- Manufacturing
- FinTech
- Financial Services
- Health Care
- BioTech
- Medical
Top 5 Investors with the highest number of deals
- Seraphim Space
- Business Growth Fund
- GEM Capital
- Zouk Capital
- SRP
Notable funding rounds across Europe
In June, the largest funding round was a $537 million Venture Round secured by I-TRACING, a leading independent provider of cyber security services in France. The company was founded in 2005 in Paris.
While Seed Rounds accounted for the majority of investment rounds, making up approximately 41% of the total, the highest investment volume was seen in Venture Rounds, which accounted for $1.8 billion across 91 deals.
The largest Seed Round was secured by Adcytherix, which raised $32.2 million. Founded in Marseille in 2023, Adcytherix is a biopharmaceutical firm that specializes in the development of new antibody drug conjugates (ADC). The round was led by Pontifax, a healthcare-dedicated VC firm in Israel.
Number and total volume of financing rounds per stage
- Number of funding rounds per stage
- Volume of financing rounds per stage in $mn
Detailed overview by stage
European VC Industry Hotspots
In June, London remains the hotspot of the European VC industry, with Paris securing the second spot.
As in the previous months, the UK led the way with the most investment rounds at 105, followed by France with 73, and Germany with 55.
When ranked by investment volume rather than the number of investments, Prague ($170.9mn) kicks Amsterdam out of the Top 5.
PE Acquisitions Overview
Private Equity (PE) acquisitions increased in June by 37% to 41, this marks the second highest number of acquisitions of the last twelve months. Of those 41 acquisitions, 17 included companies based in the UK, followed by Germany with 7.
With the increase in PE acquisitions, their share as part of the total 450 investment rounds in June (VC + PE) increases to 9%.
This month’s highlight is BlackRock’s acquisition of Preqin, a provider of private markets database platforms for private capital and hedge fund datasets, for $3.3 billion at the end June.
- % of all investment rounds
- Number of PE acquisitions
*All data from CrunchBase, as of July 3, 2024.
Partner with us
Unlock the full potential of your financial strategy with Trustventure’s expert guidance. Whether you’re navigating challenges in the financial sector, seeking advice on corporate financing, or enhancing your planning and controlling processes, we’re here to empower your journey and help you create transparency and confidence for you and your investors.
Ready to elevate your financial game? Reach out to us today using our contact form or drop us a direct message at office@trustventure.de. Work with us to achieve your financial success! 🚀
Other articles
M&A European Roll-Up Market Report – February 2026
February 2026 presented a 44% year-over-year increase in the number of PE-backed acquisitions. In addition to Software, private equity investors are also targeting Consulting, Manufacturing and Health Care. Learn all about it in our report and case study, including Ryan’s acquisition of WYM Real Estate.
March 12, 2026
VC Landscape European Venture Capital Landscape – February 2026
With 339 investments and $4.4 billion raised across Europe, February saw a 6% increase in volume and 13% rise in deal count month over month. The largest round of the month was a $1.2 billion Series D by the London-based company Wayve, which develops autonomous driving technology using end-to-end deep learning models that enable vehicles to navigate urban environments.
March 5, 2026
M&A European Roll-Up Market Report – January 2026
January 2026 presented a 8% year-over-year increase in the number of PE-backed acquisitions. In addition to Food and Beverage, private equity investors are also targeting InsurTech and Consulting. Learn all about it in our report and case study, including ClearScore’s acquisition of Acre.
February 17, 2026
VC Landscape European Venture Capital Landscape – January 2026
With 299 investments and $4.2 billion raised across Europe, January saw a 7% decrease in volume and 1% reduction in deal count month over month. The largest round of the month was a $414 million Venture Round by the Montabaur-based company Klöckner Pentaplast, which is a manufacturer of plastic films and packaging for food, pharmaceutical, health, and durable products.
February 5, 2026
VC Landscape 2025 Recap: European Venture Capital & Private Equity Landscape
2025 presented an 9% increase in invested Venture Capital volume and the Crypto Startup Binance raised the largest round of the year. Learn all about it in our in-depth analysis.
January 21, 2026
VC Landscape Germany Venture Capital Landscape – Q4 2025
Between an decrease of 66% in invested VC volume and a €343mn funding round in the Health Care space, Germany is closing its venture capital landscape Q4 2025. Learn all about it in our latest analysis.
January 12, 2026
M&A European Roll-Up Market Report – December 2025
December 2025 presented a 0% year-over-year development in the number of PE-backed acquisitions. In addition to Software, private equity investors are also targeting FinTech and Marketing. Learn all about it in our report and case study, including Create Music Group’s acquisition of Cr2 Records.
January 9, 2026
VC Landscape European Venture Capital Landscape – December 2025
With 302 investments and $4.5 billion raised across Europe, December saw a 13% increase in volume and 7% reduction in deal count month over month. The largest round of the month was a $1.0 billion Venture Round by the London-based company Kraken, which is a global customer and culture platform for energy, water, and broadband.
January 7, 2026
M&A European Roll-Up Market Report – November 2025
November 2025 presented a 29% year-over-year decrease in the number of PE-backed acquisitions. In addition to Software, private equity investors are also targeting FinTech and Marketing. Learn all about it in our report and case study, including Octopus Energy’s acquisition of Kuppa.
December 9, 2025
VC Landscape European Venture Capital Landscape – November 2025
November 2025 saw a decline in VC activity, with 324 investments and $4.0 billion raised across Europe, representing a 25% decrease in volume and 18% reduction in deal count month over month. The largest round of the month was a $495 million Venture Round by Amsterdam-based tech company Picnic, which develops a mass-market home delivery system for fast moving consumer goods.
December 5, 2025