European startup funding Jan 2026
Monthly report · 2026-01-01 – 2026-01-31 · vs Dec 2025
Monthly
Summary
auto-generatedIn Jan 2026, 289 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €3.6B, up 1.8% versus Dec 2025. Debt rounds added a further €1.4B.
Deal count moved +13.3% versus Dec 2025, with 771 named investors participating.
UK led by equity raised with €921M (25.4% of equity).
Healthtech was the most-funded sector at €657M in equity (18.1%).
The ten largest rounds accounted for 52.7% of disclosed capital, led by Cloover's €1.0B.
49 exits were recorded this month worth a combined €368M.
Equity funding
€3.6B
▲ +1.8%excl. debt & grants · +€1.4B debt
Funding rounds
289
▲ +13.3%Companies funded
287
▲ +13.0%Named investors
771
▲ +5.2%Exits
49
▼ -10.9%Leading country
€921M
25.4% of equity
Leading sector
€657M
18.1% of equity
Provenance: 87% of 289 rounds disclosed an amount · 89% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.16%
Methodology →Investments
Funding within Jan 2026
by dayFunding within Jan 2026 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €300k | 1 |
| 02 | €100M | 1 |
| 03 | €0 | 0 |
| 04 | €0 | 0 |
| 05 | €860k | 4 |
| 06 | €27M | 9 |
| 07 | €139M | 11 |
| 08 | €152M | 18 |
| 09 | €104M | 6 |
| 10 | €0 | 0 |
| 11 | €0 | 0 |
| 12 | €269M | 10 |
| 13 | €70M | 19 |
| 14 | €159M | 21 |
| 15 | €439M | 26 |
| 16 | €126M | 11 |
| 17 | €0 | 0 |
| 18 | €0 | 0 |
| 19 | €85M | 11 |
| 20 | €648M | 23 |
| 21 | €1.3B | 10 |
| 22 | €408M | 15 |
| 23 | €299M | 16 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €71M | 6 |
| 27 | €39M | 9 |
| 28 | €179M | 14 |
| 29 | €257M | 29 |
| 30 | €173M | 19 |
| 31 | €0 | 0 |
Biggest deals
top 10 by amount- 1ClooverDebt · Germany · Jan 2026€1.0B
- 2ParloaSeries D+ · Germany · Jan 2026€301M
- 3MewsSeries D+ · Netherlands · Jan 2026€255M
- 4OvivaSeries D+ · UK · Jan 2026€200M
- 5TerralayrOther · Switzerland · Jan 2026€192M
- 6Harmattan AIOther · France · Jan 2026€171M
- 7PennylaneOther · France · Jan 2026€171M
- 8PreplySeries D+ · Ukraine · Jan 2026€128M
- 9D-OrbitOther · Italy · Jan 2026€110M
- 10AlvotechDebt · Iceland · Jan 2026€100M
Concentration
top 10 deals52.7%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.7B
Period total
€5.0B
Countries
Top countries
equity raisedJan 2026 — top countries — interactive chart.
Data table
| Jan 2026 — top countries | |
|---|---|
| UK | €921M |
| Germany | €770M |
| France | €447M |
| Netherlands | €343M |
| Switzerland | €315M |
| Ukraine | €156M |
| Italy | €150M |
| Spain | €111M |
| Denmark | €83M |
| Ireland | €71M |
Capital by country
share of equityJan 2026 — capital by country — interactive chart.
Data table
| Jan 2026 — capital by country | |
|---|---|
| UK | €921M |
| Germany | €770M |
| France | €447M |
| Netherlands | €343M |
| Switzerland | €315M |
| Ukraine | €156M |
| Italy | €150M |
| Spain | €111M |
| Denmark | €83M |
| Ireland | €71M |
| Other | €259M |
Geographic distribution
European countries shown · click a countryJan 2026 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedJan 2026 — top sectors — interactive chart.
Data table
| Jan 2026 — top sectors | |
|---|---|
| Healthtech | €657M |
| Software | €468M |
| Fintech | €390M |
| AI | €373M |
| Travel | €263M |
| Cybersecurity | €224M |
| Energy | €216M |
| Defence | €185M |
| Edtech | €142M |
| E-commerce | €137M |
Capital by sector
share of equityJan 2026 — capital by sector — interactive chart.
Data table
| Jan 2026 — capital by sector | |
|---|---|
| Healthtech | €657M |
| Software | €468M |
| Fintech | €390M |
| AI | €373M |
| Travel | €263M |
| Cybersecurity | €224M |
| Energy | €216M |
| Defence | €185M |
| Other | €1.0B |
Stages
Funding by stage
total euro raised by round typeJan 2026 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €41M |
| Seed | €144M |
| Series A | €309M |
| Series B | €298M |
| Series C | €388M |
| Series D+ | €1.0B |
| Growth/Late | €40M |
| Debt | €1.4B |
| Grant | €48M |
| Crowdfunding | €444k |
| Other | €1.4B |
Exits
Exit activity
49
exits recorded
€368M
combined disclosed value
Exits breakdown
by typeJan 2026 — exits by type — interactive chart.
Data table
| Jan 2026 — exits by type | |
|---|---|
| Acquisition | 45 |
| Merger | 4 |