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

Mary Loritz

Mary Loritz

Freelance journalist and researcher covering tech and business topics for Tech.eu. I've formerly worked for NGOs in the US as a reporter, editor, researcher, organizer, and entrepreneur.
marylor@gmail.com
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. If Q2 and Q3 2017 are any indication, European tech funding is on a serious upward swing. The increase can be attributed to several large rounds – there were 7 deals worth over €100 million (and 133 over €10…

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