December marked a period of measured slowdown in the funding
market when compared to November, reflecting typical year-end
dynamics. The month closed with 250 funding deals, down from 271
(7.8 per cent decrease) in November. 
Companies

Out of 271 deals in December, 8 companies raised more than €100 million (each). The value of 22 deals remains undisclosed.
The biggest deals of the month were two €500 million funding rounds, underscoring strong investor confidence in high-growth European companies. French customer relationship management company Brevo, which achieved unicorn status following a €500 million funding round, marking one of the most significant European software deals of the month.
Matching this amount, Swedish energy company Elvy secured €500 million from Scayl and a banking partner to finance its home energy subscription packages.
Industries
December 2025 sees software take the
top slot in terms of investment volume in
European tech startups, garnering 27.9
per cent of the monthly total of €1.2 billion.
Countries
Sweden emerged as the top fundraising market in December, securing €893.1 million over 14 transactions. UK followed with €795.2 million raised over 62 deals, narrowly ahead of France at €788.2 million (23 deals), while Germany (€546.1 million, 26 deals) and Italy (€266.1 million, 11 deals) rounded out the leading cluster of European tech ecosystems.

Would you like to write the first comment?
Login to post comments