Cloud sector raises most capital of any tracked sector, from just 4 deals
90 days to 2026-10-14
Cloud led all tracked sectors by capital raised in the 90 days to 14 October 2026, pulling in €5.6B from just 4 deals. That total exceeds AI's €5.1B, which came from a far larger 76 deals, and dwarfs Fintech's €2.36B across 53 deals and Software's €1.53B across 130 deals — underscoring how concentrated Cloud's capital was in a handful of large rounds rather than broad deal volume.
Compared with the prior 90-day window, Cloud's capital rose 47% from €3.8B to €5.6B, even as deal count fell from 6 to 4, a drop of 2 deals. This divergence between rising capital and falling deal count stands out against AI, which grew capital 8.6% while deal count fell from 81 to 76, and against Software and Healthtech, both of which saw capital and deal counts decline together. Among the twelve sectors tracked, Cloud's €5.6B was the single largest total for the window.
Explore the sectors →AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-10-15). 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).