Weekly tech investment breakdown in Europe: over €3.1 billion poured into the tech sector during the initial week of July
Last week, a significant number of tech events unfolded across Europe, with over 100 exits, M&A transactions, rumors, and related news stories tracked. The total value of these events was not specified, but the focus was primarily on funding and exits.
The total value of tech funding deals last week surpassed €3.1 billion, with the most significant rounds occurring in advanced sectors such as clean energy, AI, and defence technology.
One of the standout deals was Proxima Fusion, a Munich-based company developing stellarator-based nuclear fusion reactors. The company raised €130 million in a Series A round, bringing its total funding to €185 million, aiming to build the world's first fusion power plant by the 2030s.
Helsing, a leading AI defence startup with operations in Germany, France, and the UK, secured a massive €600 million Series D round. This investment is Europe's largest defence tech investment to date, signalling a surge in strategic autonomy tech investments driven by geopolitical factors.
Nabla, a Paris-based company, also raised €59.4 million in a Series C funding round focused on AI-related technologies. Other notable seed rounds included Danish AI startup Deepdots and Polaris.
June 2025 saw a shift in sector focus compared to May, with energy (fusion technology), AI (including defence AI), and deep tech startups dominating the funding rounds. The total mega-rounds exceeded €700 million from just the top two deals (Proxima Fusion and Helsing).
In terms of numbers, the fintech sector took center stage in June, with a total of €957.1 million, but the number of deals was lower than in May (95 compared to 105). On the other hand, the UK raised €1.8 billion in June, an increase from €1.4 billion in May, with the number of deals also higher (123 compared to 113). However, the software sector surpassed fintech in May, but it was overtaken in June.
In conclusion, June 2025 marked a significant milestone in Europe's tech landscape, with the largest and most strategically significant tech funding rounds of the year. The focus on clean energy fusion and AI-driven defence technologies indicates a clear intensification of funding scale and sector focus compared to previous months.
Fintech sector investments in June 2025 marked a noticeable shift from the software sector, with a total capital raised of €957.1 million, despite having fewer deals (95) compared to May (105).
The financing of the fintech sector was surpassed by the software sector in May but was overtaken in June, signifying that the tech landscape in Europe is increasingly diversifying, with a growing emphasis on advanced sectors like fintech that intersect technology and finance.
