According to the Tech.eu database, European tech companies raised €16.7 billion over the course of January 2024 in some 326 deals.
This figure represents an increase of over 250 per cent year over year (January 2023 saw an investment volume of €4.7 billion). However, in terms of deals, January 2024 saw a decrease of approximately 20 per cent year over year.
To further frame the scale of January 2024's investment volume, at €16.7 billion, this would equate to roughly 24 per cent of all investments made in European tech in 2023 (€67.7 billion).
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