Six largest rounds equal 43% of 90-day total

The six largest rounds recorded in the 90 days to 2 October 2026 sum to €11.518B, equal to 43.2% of the €26.64B total raised across the window — a concentration that shows a handful of mega-rounds shaping the overall figure. The list includes repeated capital into a single company: Nscale, a UK-based player, appears three times, with rounds of €2.953B and €2.588B, which together total €5.541B. France's Mistral AI secured the single largest round at €3B, followed by Germany's Helsing at €1.576B, a third Nscale round at €787M, and Sweden's Neko Health at €614M. For broader context, the top ten rounds overall reach €13.498B, or 50.7% of the 90-day total, meaning the six biggest rounds alone already account for most of that top-ten concentration. Deal count fell to 634 in the recent window from 759 prior, while the median round size of €5M remains far below the €42M average, reflecting how a few large transactions pull the aggregate well above the typical deal.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-10-04). 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).