European tech weekly recap: More than 75 tech funding deals worth over €1.3B
European tech companies secured significant investments last week, with over 75 funding deals collectively worth more than €1.3 billion. This influx of capital signals continued confidence in the European tech ecosystem, driving innovation and potentially boosting Europe's digital sovereignty ambitions. The investment activity covers a wide range of sectors, reflecting the continent's diverse tech landscape and its focus on becoming a global leader. The funding rounds encompassed various stages, from seed to late-stage investments, indicating growth across the board. Alongside the funding news, over 15 exits, mergers and acquisitions (M&A), and related stories were recorded across Europe. This includes potential acquisitions, partnerships, and market expansions, which are a sign of the current dynamic tech environment. These developments will likely benefit European startups and scale-ups, enabling them to expand operations, hire talent, and develop new products and services. The activity also reinforces Europe's commitment to building a competitive digital economy, and allows for greater autonomy and reduced reliance on non-European tech giants. This ultimately helps create jobs and stimulates economic growth throughout the region.
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