Deeptech funding falls to €614M as deal count drops to 36

Deeptech funding fell to €614M in the 90 days to 29 September 2026, down from €1.6B in the prior 90-day period, a decline of 61%. Deal count dropped to 36 from 50, 14 fewer deals over the same comparison.

Among the twelve sectors tracked, Deeptech's €614M places it in the lower half of the ranking, behind Cleantech's €596M by a small margin — actually just ahead of it — and well below capital-intensive sectors such as AI at €6.7B and Cloud at €3.4B. Deeptech's decline stands out even against sectors that also contracted: Healthtech fell from €2.77B to €1.80B and Software from €2.40B to €1.74B, but Deeptech's 61% drop is steeper than either. Only Semiconductors, down from €820M to €521M, and Cleantech, down from €1.6B to €596M, show comparably sized pullbacks in absolute funding among sectors that declined over the same window.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-09-30). Figures are checked against the underlying data and each draft is reviewed by an independent second model before publishing; anything unverifiable is held back. Not investment advice. Labelled for AI transparency (EU AI Act Art. 50, applicable from 2 Aug 2026).