European venture funding rose 77% YoY to $25B in Q3, the region's strongest funding quarter in four years, representing 16% of global VC and led by AI startups (Gené Teare/Crunchbase News)
AI deals drove Europe’s best venture quarter since 2022.
European startups raised $25 billion in Q3, up 77% from a year earlier and enough for 16% of global venture funding. The quarter was the region’s strongest in four years, according to Crunchbase News. AI companies led the increase, with the story framing them as the main source of the funding rebound. Techmeme's note
European startups raised $25 billion in Q3, up 77% from a year earlier and enough for 16% of global venture funding. The quarter was the region’s strongest in four years, according to Crunchbase News. AI companies led the increase, with the story framing them as the main source of the funding rebound. Techmeme's note
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