Top ten rounds account for two-fifths of 90-day volume

The ten largest rounds of the 90 days to 28 August 2026 total €8.121B, or 40.5% of tracked funding volume of €20.04B for the window. That concentration sits against a median round size of just €5M and an average of €32M, underlining how far mega-deals pull the aggregate above typical deal size. Germany supplies three of the six largest disclosed rounds: Helsing at €1.576B, Neura Robotics at €1.213B, and Quantum Systems at €1.053B. Helsing and Neura Robotics alone total €2.789B, already exceeding the €787M raised by UK-based Nscale and the €614M round for Sweden's Neko Health combined. Belgium's Kpler, at €861M, is the largest disclosed round outside Germany or the UK.

Tracked volume of €20.04B over the 90 days compares with €23.05B in the prior period, a decline of 13.1%, while deal count fell from 766 to 627. With top-heavy concentration at 40.5% of volume, a handful of large transactions rather than broad deal activity account for much of the aggregate figure across the window.

AI-generatedWritten by an AI model from Tech.eu Funding Explorer data (2026-08-30). 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).