European startup funding Aug 2025
Monthly report · 2025-08-01 – 2025-08-31 · vs Jul 2025
Monthly
Summary
auto-generatedIn Aug 2025, 196 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €2.3B, down 58.1% versus Jul 2025. Debt rounds added a further €935M.
Deal count moved -45.9% versus Jul 2025, with 502 named investors participating.
UK led by equity raised with €585M (25.5% of equity).
Energy was the most-funded sector at €746M in equity (32.5%).
The ten largest rounds accounted for 59.9% of disclosed capital, led by Bending Spoons's €500M.
66 exits were recorded this month worth a combined €2.1B.
Equity funding
€2.3B
▼ -58.1%excl. debt & grants · +€935M debt
Funding rounds
196
▼ -45.9%Companies funded
196
▼ -45.6%Named investors
502
▼ -50.3%Exits
66
▼ -19.5%Provenance: 82% of 196 rounds disclosed an amount · 92% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within +0.05%
Methodology →Investments
Funding within Aug 2025
by dayFunding within Aug 2025 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €183M | 8 |
| 02 | €0 | 0 |
| 03 | €0 | 0 |
| 04 | €34M | 9 |
| 05 | €96M | 5 |
| 06 | €103M | 5 |
| 07 | €354M | 15 |
| 08 | €266M | 11 |
| 09 | €0 | 0 |
| 10 | €0 | 0 |
| 11 | €9k | 1 |
| 12 | €209M | 10 |
| 13 | €220M | 13 |
| 14 | €539M | 11 |
| 15 | €79M | 7 |
| 16 | €0 | 0 |
| 17 | €0 | 0 |
| 18 | €161M | 7 |
| 19 | €0 | 0 |
| 20 | €158M | 17 |
| 21 | €82M | 9 |
| 22 | €11M | 7 |
| 23 | €0 | 0 |
| 24 | €0 | 0 |
| 25 | €147M | 8 |
| 26 | €65M | 10 |
| 27 | €221M | 9 |
| 28 | €139M | 18 |
| 29 | €162M | 16 |
| 30 | €0 | 0 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1Bending SpoonsDebt · Italy · Aug 2025€500M
- 2Energy VaultGrowth/Late · Switzerland · Aug 2025€258M
- 3Pulse Clean EnergyDebt · UK · Aug 2025€254M
- 4OrtivityOther · Germany · Aug 2025€200M
- 5GreenvoltGrowth/Late · Portugal · Aug 2025€150M
- 6AiraOther · Sweden · Aug 2025€150M
- 7GoFibreOther · UK · Aug 2025€145M
- 8OculisDebt · Switzerland · Aug 2025€106M
- 9CuspAIOther · UK · Aug 2025€86M
- 10FramerSeries D+ · Netherlands · Aug 2025€86M
Concentration
top 10 deals59.9%
of disclosed capital came from the ten largest rounds.
Top 10 total
€1.9B
Period total
€3.2B
Countries
Top countries
equity raisedAug 2025 — top countries — interactive chart.
Data table
| Aug 2025 — top countries | |
|---|---|
| UK | €585M |
| Switzerland | €362M |
| Germany | €332M |
| Sweden | €202M |
| Portugal | €165M |
| Netherlands | €132M |
| Estonia | €98M |
| Spain | €86M |
| Belgium | €77M |
| Ireland | €76M |
Capital by country
share of equityAug 2025 — capital by country — interactive chart.
Data table
| Aug 2025 — capital by country | |
|---|---|
| UK | €585M |
| Switzerland | €362M |
| Germany | €332M |
| Sweden | €202M |
| Portugal | €165M |
| Netherlands | €132M |
| Estonia | €98M |
| Spain | €86M |
| Belgium | €77M |
| Ireland | €76M |
| Other | €178M |
Geographic distribution
European countries shown · click a countryAug 2025 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedAug 2025 — top sectors — interactive chart.
Data table
| Aug 2025 — top sectors | |
|---|---|
| Energy | €746M |
| Healthtech | €408M |
| Software | €358M |
| Fintech | €234M |
| Telecom | €145M |
| Cleantech | €95M |
| Cybersecurity | €68M |
| Semiconductors | €58M |
| Defence | €56M |
| AI | €53M |
Capital by sector
share of equityAug 2025 — capital by sector — interactive chart.
Data table
| Aug 2025 — capital by sector | |
|---|---|
| Energy | €746M |
| Healthtech | €408M |
| Software | €358M |
| Fintech | €234M |
| Telecom | €145M |
| Cleantech | €95M |
| Cybersecurity | €68M |
| Semiconductors | €58M |
| Other | €236M |
Stages
Funding by stage
total euro raised by round typeAug 2025 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €42M |
| Seed | €99M |
| Series A | €67M |
| Series B | €310M |
| Series C | €47M |
| Series D+ | €86M |
| Early VC | €400k |
| Growth/Late | €411M |
| Debt | €935M |
| Grant | €1.3M |
| Crowdfunding | €250k |
| Other | €1.2B |
Exits
Exit activity
66
exits recorded
€2.1B
combined disclosed value
Exits breakdown
by typeAug 2025 — exits by type — interactive chart.
Data table
| Aug 2025 — exits by type | |
|---|---|
| Acquisition | 66 |