September 2023 report: The European tech ecosystem by the numbers

Pål Malmros, Partner and Head of Software Investments at Verdane provides an insightful foreword to our September 2023 report.
September 2023 report: The European tech ecosystem by the numbers

According to the Tech.eu database, European tech companies raised €16.5 billion over the course of September 2023 in some 397 deals. 

This shows an increase of around 130 percent when compared to the previous month (€6.8 billion raised in August 2023). Strikingly, this figure is matched by an increase of more than 130 percent year-over-year (€6.6 billion raised in August 2022).

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