European tech investment dropped 20 per cent in December, raising €4.2B

December 2024 saw €4.2 billion raised in the European tech sector, with a sharp year-on-year decline from €5.6 billion.
European tech investment dropped 20 per cent in December, raising €4.2B

According to the Tech.eu database, European tech companies raised €4.2 billion in December 2024 in some 222 deals.

This figure is 20 per cent lower compared to the previous month (in November, European tech companies collected €5.2 billion). Compared to the same month a year ago, the number decreased by around 25 per cent, since in December 2023, European tech companies collected €5.6 billion.

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