European tech funding cools in July, but deal numbers hold steady

Despite funding dip, European tech maintained its deal pace with 340 deals in July.
European tech funding cools in July, but deal numbers hold steady

According to the Tech.eu database, European tech companies raised €5 billion over the course of July 2024 in some 340 deals. 

This figure represents a decrease of around 17 per cent compared to the previous month (in June European tech companies collected €6 billion). The ten biggest deals in July collected together more than a half of the total amount collected this month.

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