€4.2B invested in European tech in September

In September European tech fundraising showed signs of recovery with compnaiese raising two times more than August 2024.
€4.2B invested in European tech in September

According to the Tech.eu database, European tech companies raised €4.2 billion over the course of September 2024 in some 347 deals.

This figure is more than two times higher than the one in the previous month (in August European tech companies collected €1.9 billion). Compared to the same month a year ago, the number decreased around 70 per cent, since in September 2023, European tech companies collected €16.5 billion.

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