In the first half of 2026 Europe’s startups and scaleups secured €39bn in equity funding, the most they’ve raised since H1 2022, and 72.8% of the €53.6bn invested across the whole of 2025. Sector momentum showed strong flows, with notable amounts such as €6.4bn, €5.6bn, and €4.8bn across various sub‑categories, reflecting a broad‑based uplift in investor confidence. Specific verticals highlighted include €1.3bn, €2.2bn, and €9.0bn allocations, while certain niches posted striking growth rates like 65.8% and 994% year‑on‑year, underscoring pockets of rapid expansion.

Looking ahead, the pipeline remains robust heading into H2, with continued activity expected across early‑stage and growth‑stage deals as the market builds on the H1 momentum.