European startup funding Jun 2025
Monthly report · 2025-06-01 – 2025-06-30 · vs May 2025
Monthly
Summary
auto-generatedIn Jun 2025, 329 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €4.7B, up 6.0% versus May 2025. Debt rounds added a further €1.9B.
Deal count moved -6.8% versus May 2025, with 881 named investors participating.
Germany led by equity raised with €1.4B (29.8% of equity).
Fintech was the most-funded sector at €948M in equity (20.3%).
The ten largest rounds accounted for 52.0% of disclosed capital, led by Nebius's €876M.
53 exits were recorded this month worth a combined €1.9B.
Equity funding
€4.7B
▲ +6.0%excl. debt & grants · +€1.9B debt
Funding rounds
329
▼ -6.8%Companies funded
327
▼ -7.1%Named investors
881
▲ +2.4%Exits
53
▼ -8.6%Provenance: 87% of 329 rounds disclosed an amount · 94% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.08%
Methodology →Investments
Funding within Jun 2025
by dayFunding within Jun 2025 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €400k | 1 |
| 02 | €1.0B | 13 |
| 03 | €402M | 27 |
| 04 | €151M | 16 |
| 05 | €83M | 19 |
| 06 | €511M | 13 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €38M | 4 |
| 10 | €287M | 19 |
| 11 | €457M | 14 |
| 12 | €321M | 16 |
| 13 | €90M | 11 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €81M | 8 |
| 17 | €724M | 16 |
| 18 | €257M | 26 |
| 19 | €218M | 21 |
| 20 | €55M | 11 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €247M | 8 |
| 24 | €489M | 18 |
| 25 | €278M | 16 |
| 26 | €238M | 25 |
| 27 | €12M | 8 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €659M | 19 |
Biggest deals
top 10 by amount- 1NebiusDebt · Netherlands · Jun 2025€876M
- 2HelsingOther · Germany · Jun 2025€600M
- 3FerovinumDebt · UK · Jun 2025€468M
- 4BelievDebt · UK · Jun 2025€356M
- 5CarmoolaGrowth/Late · UK · Jun 2025€352M
- 6Multiverse ComputingSeries B · Spain · Jun 2025€189M
- 7PolestarOther · Sweden · Jun 2025€174M
- 8Scalable CapitalOther · Germany · Jun 2025€155M
- 9Isar AerospaceDebt · Germany · Jun 2025€150M
- 10Proxima FusionSeries A · Germany · Jun 2025€130M
Concentration
top 10 deals52.0%
of disclosed capital came from the ten largest rounds.
Top 10 total
€3.4B
Period total
€6.6B
Countries
Top countries
equity raisedJun 2025 — top countries — interactive chart.
Data table
| Jun 2025 — top countries | |
|---|---|
| Germany | €1.4B |
| UK | €1.0B |
| France | €601M |
| Spain | €571M |
| Sweden | €272M |
| Netherlands | €270M |
| Switzerland | €124M |
| Estonia | €55M |
| Latvia | €54M |
| Italy | €48M |
Capital by country
share of equityJun 2025 — capital by country — interactive chart.
Data table
| Jun 2025 — capital by country | |
|---|---|
| Germany | €1.4B |
| UK | €1.0B |
| France | €601M |
| Spain | €571M |
| Sweden | €272M |
| Netherlands | €270M |
| Switzerland | €124M |
| Estonia | €55M |
| Latvia | €54M |
| Italy | €48M |
| Other | €322M |
Geographic distribution
European countries shown · click a countryJun 2025 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedJun 2025 — top sectors — interactive chart.
Data table
| Jun 2025 — top sectors | |
|---|---|
| Fintech | €948M |
| AI | €897M |
| Software | €508M |
| Healthtech | €336M |
| Deeptech | €277M |
| Transportation | €247M |
| Energy | €217M |
| Media | €165M |
| Robotics | €147M |
| Cleantech | €120M |
Capital by sector
share of equityJun 2025 — capital by sector — interactive chart.
Data table
| Jun 2025 — capital by sector | |
|---|---|
| Fintech | €948M |
| AI | €897M |
| Software | €508M |
| Healthtech | €336M |
| Deeptech | €277M |
| Transportation | €247M |
| Energy | €217M |
| Media | €165M |
| Other | €1.1B |
Stages
Funding by stage
total euro raised by round typeJun 2025 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €56M |
| Seed | €261M |
| Series A | €592M |
| Series B | €850M |
| Series C | €293M |
| Series D+ | €66M |
| Early VC | €400k |
| Growth/Late | €405M |
| Debt | €1.9B |
| Grant | €35M |
| Crowdfunding | €517k |
| Other | €2.1B |
Exits
Exit activity
53
exits recorded
€1.9B
combined disclosed value
Exits breakdown
by typeJun 2025 — exits by type — interactive chart.
Data table
| Jun 2025 — exits by type | |
|---|---|
| Acquisition | 50 |
| Merger | 3 |