AI leads all sectors by funding at €6.7B despite fewer deals
90 days to 2026-09-29
AI led all sectors by funding in the 90 days to 29 September 2026, raising €6.7B, more than double the €3.2B recorded in the prior 90-day period — a ratio of 2.1x. This came even as deal count edged down from 79 to 76, pointing to larger average round sizes rather than a broader base of deals. AI's total was well clear of the next-largest sector, Cloud, which grew from €2.999B to €3.416B, meaning AI's recent haul was roughly 2.0x Cloud's. Fintech rose only modestly to €2.37B from €2.262B, while deal counts there fell from 68 to 56. Across the wider sector set, several categories posted declines in the same window: Healthtech fell from €2.769B to €1.798B and Software from €2.401B to €1.740B, underscoring how concentrated the recent increase in capital was in AI relative to most other tracked sectors.
Explore the sectors →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).