A down quarter: European and Israeli startups raised €4.1 billion in Q2 2016 as investment pace slumps

Q2 2016 was a down quarter for the European and Israeli tech ecosystem. Local companies raised €4.1 billion across 782 funding rounds; both figures represent quarter-on-quarter decreases. It's not all bad news, though.
A down quarter: European and Israeli startups raised €4.1 billion in Q2 2016 as investment pace slumps

European and Israeli startups completed 782 funding rounds in the second quarter of 2016, worth a combined €4.1 billion.

According to our own data and research, both figures represent a decrease compared to the previous quarter, when investment in local technology companies peaked at 808 deals worth €4.9 billion in total, in part as a consequence of Spotify’s $1 billion (or about €910 million) debt round.

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