AI funding rises 33% to €5.1B while deal count declines

AI attracted €5.09B across 74 deals in the 90 days to 28 October 2026, up from €3.82B across 82 deals in the prior 90-day window — a 33% rise in euro value even as deal count fell by 8, or 9.8%, pointing to larger average deal sizes. Among the twelve sectors tracked, AI's recent total of €5.09B ranks second, behind Cloud's €5.57B but ahead of Healthtech's €2.26B. In deal volume, AI's 74 deals trail only Healthtech (78) and Software (135), making it the third most active sector by count. AI's 33% growth stands out against a broader pattern of declines: Healthtech fell 32% to €2.26B, Software dropped 32% to €1.87B, and Robotics fell 69% to €811M, while Cloud rose 46% to €5.57B. AI's combination of rising value and falling deal count distinguishes it from Cloud, where deal count also fell sharply, from 7 to 3.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-10-29). 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).