European startup funding Jul 2025
Monthly report · 2025-07-01 – 2025-07-31 · vs Jun 2025
Monthly
Summary
auto-generatedIn Jul 2025, 362 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €5.5B, up 17.4% versus Jun 2025. Debt rounds added a further €3.8B.
Deal count moved +10.0% versus Jun 2025, with 1,010 named investors participating.
UK led by equity raised with €2.8B (50.5% of equity).
Fintech was the most-funded sector at €2.1B in equity (38.4%).
The ten largest rounds accounted for 64.6% of disclosed capital, led by CityFibre's €2.7B.
82 exits were recorded this month worth a combined €5.4B.
Equity funding
€5.5B
▲ +17.4%excl. debt & grants · +€3.8B debt
Funding rounds
362
▲ +10.0%Companies funded
360
▲ +10.1%Named investors
1,010
▲ +14.6%Exits
82
▲ +54.7%Provenance: 86% of 362 rounds disclosed an amount · 93% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.05%
Methodology →Investments
Funding within Jul 2025
by dayFunding within Jul 2025 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €209M | 18 |
| 02 | €412M | 25 |
| 03 | €1.8B | 4 |
| 04 | €155M | 25 |
| 05 | €0 | 0 |
| 06 | €0 | 0 |
| 07 | €195M | 7 |
| 08 | €135M | 30 |
| 09 | €77M | 15 |
| 10 | €131M | 24 |
| 11 | €286M | 10 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €49M | 11 |
| 15 | €2.7B | 8 |
| 16 | €157M | 14 |
| 17 | €601M | 30 |
| 18 | €228M | 18 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €136M | 6 |
| 22 | €225M | 8 |
| 23 | €164M | 28 |
| 24 | €628M | 24 |
| 25 | €390M | 8 |
| 26 | €0 | 0 |
| 27 | €128k | 1 |
| 28 | €50M | 8 |
| 29 | €183M | 10 |
| 30 | €105M | 18 |
| 31 | €361M | 12 |
Biggest deals
top 10 by amount- 1CityFibreDebt · UK · Jul 2025€2.7B
- 2Propel FinanceOther · UK · Jul 2025€1.7B
- 3ElectraDebt · France · Jul 2025€433M
- 4Zenobe EnergyDebt · UK · Jul 2025€352M
- 5LovableSeries A · Sweden · Jul 2025€173M
- 6WefoxOther · Germany · Jul 2025€151M
- 7ClimeworksOther · Switzerland · Jul 2025€138M
- 8XelixSeries B · UK · Jul 2025€137M
- 9re:capDebt · Germany · Jul 2025€125M
- 10GRIDSERVEOther · UK · Jul 2025€116M
Concentration
top 10 deals64.6%
of disclosed capital came from the ten largest rounds.
Top 10 total
€6.0B
Period total
€9.3B
Countries
Top countries
equity raisedJul 2025 — top countries — interactive chart.
Data table
| Jul 2025 — top countries | |
|---|---|
| UK | €2.8B |
| Germany | €746M |
| Switzerland | €342M |
| France | €294M |
| Sweden | €221M |
| Türkiye | €186M |
| Spain | €175M |
| Italy | €145M |
| Netherlands | €115M |
| Denmark | €106M |
Capital by country
share of equityJul 2025 — capital by country — interactive chart.
Data table
| Jul 2025 — capital by country | |
|---|---|
| UK | €2.8B |
| Germany | €746M |
| Switzerland | €342M |
| France | €294M |
| Sweden | €221M |
| Türkiye | €186M |
| Spain | €175M |
| Italy | €145M |
| Netherlands | €115M |
| Denmark | €106M |
| Other | €380M |
Geographic distribution
European countries shown · click a countryJul 2025 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedJul 2025 — top sectors — interactive chart.
Data table
| Jul 2025 — top sectors | |
|---|---|
| Fintech | €2.1B |
| Software | €666M |
| Healthtech | €404M |
| Deeptech | €287M |
| Energy | €265M |
| Cleantech | €224M |
| Edtech | €215M |
| Robotics | €211M |
| Transportation | €142M |
| Telecom | €128M |
Capital by sector
share of equityJul 2025 — capital by sector — interactive chart.
Data table
| Jul 2025 — capital by sector | |
|---|---|
| Fintech | €2.1B |
| Software | €666M |
| Healthtech | €404M |
| Deeptech | €287M |
| Energy | €265M |
| Cleantech | €224M |
| Edtech | €215M |
| Robotics | €211M |
| Other | €1.1B |
Stages
Funding by stage
total euro raised by round typeJul 2025 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €72M |
| Seed | €233M |
| Series A | €619M |
| Series B | €457M |
| Series C | €187M |
| Series D+ | €20M |
| Growth/Late | €26M |
| Debt | €3.8B |
| Grant | €32M |
| Crowdfunding | €77k |
| Other | €3.9B |
Exits
Exit activity
82
exits recorded
€5.4B
combined disclosed value
Exits breakdown
by typeJul 2025 — exits by type — interactive chart.
Data table
| Jul 2025 — exits by type | |
|---|---|
| Acquisition | 75 |
| Merger | 6 |
| IPO | 1 |