European tech funding rebounds to €10.5B in May as mega-rounds…

Market sources reveal that data/Research European tech funding rebounds to €10.5B in May as mega-rounds power market recovery While deal volume fell 11 per cent month-on-month, European startups raised more than twice April’s total, driven by large infrastructure, AI and cloud funding rounds. Data/Research European tech funding rebounds to €10.5B in May as mega-rounds power market recovery While deal volume fell 11 per cent month-on-month, European startups raised more than twice April’s total, driven by large infrastructure, AI and cloud funding rounds.Cate Lawrence 8 hours ago Share Facebook Twitter Linkedin Share Send email Copy link Despite a decline in deal activity, May saw a significant increase in capital invested across European tech compared to April.A total of 258 funding deals were announced in May, down from 290 in April, representing an 11 per cent decline in deal activity.Key players /p><p>Companies Out of 258 deals in May, 15 companies raised more than €100 million each.</p><p>The month's biggest deal came from UK-based data centre operator Pure Data Centres (Pure DC), which secured more than €2.3 billion in debt financing. Strategic RationaleKey Strategic DriversMarket positioning and competitive advantagesOperational synergies and integration opportunitiesGeographic expansion and market accessThe month's biggest deal came from UK-based data centre operator Pure Data Centres (Pure DC), which secured more than €2.3 billion in debt financing. Expert Commentary Looking AheadFor complete details on this development, refer to the original report from Tech.eu. Frequently Asked Questions