First quarter of 2022 off to a red-hot start for European tech investment

The first quarter of the year is off to a strong start for Europe’s startups and scale-ups. With total investment surpassing €33 billion, Q1 outstripped the same three months in 2021 by €10 billion. It's time for our quarterly review of the biggest deals and exits of the year so far.
First quarter of 2022 off to a red-hot start for European tech investment

The first quarter of 2022 is behind us, and we’ve crunched the numbers from the Tech.eu database to bring you a handy overview of the who-what-where of the funding deals in the European tech ecosystem in the first three months of the year.

In total, over €33 billion was raised across almost 1,300 funding deals, and 75 companies roped in more than €100 million each. The UK accounted for a whopping €13-plus billion of that total, with France and Germany also on the podium.

Pushing the numbers up, Checkout.com raised €874 million in their Series D round, in January, while online-sports-streamers DAZN won February with a €3,7 billion raise. In March, delivery star Getir became a decacorn after raising €691 million in Series E in a deal led by Mubadala Investment Company, with Abu Dhabi Growth Fund, Alpha Wave Global, Sequoia Capital, and Tiger Global all participating. 

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