Investment

Q3 2017: Best quarter on record (again) for European tech funding; the UK, Germany, Switzerland, and Israel raise more than ever

Mary Loritz 06 October 2017
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For the second quarter in a row, European tech funding has broken previous records: total funding tracked by tech.eu for tech startups in Europe, Israel, and Turkey rose to €7.7 billion in Q3 2017, across 865 deals.

This is €1 billion more than was raised in Q2 2017, and a 117% increase from the same period last year, when total funding reached only €3.5 billion.

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Q3 2017: Best quarter on record (again) for European tech funding; the UK, Germany, Switzerland, and Israel raise more than ever
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