Features/Profiles

European tech funding was almost flat in Q1 2016 - if you don’t include Spotify’s massive debt round

The first quarter of 2016 has come to a close: European and Israeli startups raised €4.8 billion across 790 deals in Q1, including Spotify's recent $1 billion debt round.
Jaime Novoa 01 April 2016
European tech funding was almost flat in Q1 2016 - if you don’t include Spotify’s massive debt round
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European and Israeli tech startups have raised €4.4 billion in funding in the first quarter of 2016, across 769 deals.

In both cases, these figures represent a 31% increase compared to Q4 2015, and a 46% and 66% year-on-year uplift, respectively.

That is, if you take into account Spotify’s recently announced - and massive - $1 billion debt round.

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European tech funding was almost flat in Q1 2016 - if you don’t include Spotify’s massive debt round
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