Europe’s tech funding cools in April as investors grow more selective

European startups raised €5.1B across 290 deals in April 2026, with cleantech leading investment activity and the UK remaining the top fundraiser, despite a drop in overall capital.
Europe’s tech funding cools in April as investors grow more selective

April data points to a more selective European tech funding environment, with stable deal flow but a noticeable drop in capital compared to March.

The ecosystem recorded 290 funding deals and €5.1 billion in total capital raised, compared to 292 deals and €7.5 billion in February, representing declines of around 0.7 per cent and a 32 per cent decline, respectively.

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