European startup funding Feb 2026
Monthly report · 2026-02-01 – 2026-02-28 · vs Jan 2026
Monthly
Summary
auto-generatedIn Feb 2026, 302 rounds were recorded and disclosed equity funding (excluding debt and grants) reached €8.0B, up 119.6% versus Jan 2026. Debt rounds added a further €2.6B.
Deal count moved +4.5% versus Jan 2026, with 974 named investors participating.
Poland led by equity raised with €2.8B (35.2% of equity).
Transportation was the most-funded sector at €4.3B in equity (53.8%).
The ten largest rounds accounted for 70.8% of disclosed capital, led by InPost's €2.8B.
37 exits were recorded this month worth a combined €1.3B.
Equity funding
€8.0B
▲ +119.6%excl. debt & grants · +€2.6B debt
Funding rounds
302
▲ +4.5%Companies funded
302
▲ +5.2%Named investors
974
▲ +26.3%Exits
37
▼ -24.5%Leading country
€2.8B
35.2% of equity
Leading sector
€4.3B
53.8% of equity
Provenance: 90% of 302 rounds disclosed an amount · 96% of priced rounds are high-confidence · EUR totals reconcile to ECB at-date within -0.01%
Methodology →Investments
Funding within Feb 2026
by dayFunding within Feb 2026 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €0 | 0 |
| 02 | €433M | 11 |
| 03 | €64M | 11 |
| 04 | €713M | 19 |
| 05 | €216M | 27 |
| 06 | €81M | 9 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €2.8B | 4 |
| 10 | €88M | 9 |
| 11 | €1.3B | 22 |
| 12 | €276M | 12 |
| 13 | €1.8B | 22 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €6.0M | 7 |
| 17 | €196M | 22 |
| 18 | €307M | 18 |
| 19 | €104M | 20 |
| 20 | €95M | 15 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €23M | 5 |
| 24 | €269M | 18 |
| 25 | €1.5B | 20 |
| 26 | €196M | 23 |
| 27 | €125M | 8 |
| 28 | €0 | 0 |
Biggest deals
top 10 by amount- 1InPostOther · Poland · Feb 2026€2.8B
- 2NscaleDebt · UK · Feb 2026€1.2B
- 3WayveSeries D+ · UK · Feb 2026€1.0B
- 4EutelsatDebt · France · Feb 2026€1.0B
- 5ElevenLabsSeries D+ · UK · Feb 2026€423M
- 6PolestarOther · Sweden · Feb 2026€338M
- 7Axelera AIOther · Netherlands · Feb 2026€212M
- 8WayflyerDebt · Ireland · Feb 2026€211M
- 9OlixOther · UK · Feb 2026€185M
- 10Quantum SystemsDebt · Germany · Feb 2026€150M
Concentration
top 10 deals70.8%
of disclosed capital came from the ten largest rounds.
Top 10 total
€7.5B
Period total
€11B
Countries
Top countries
equity raisedFeb 2026 — top countries — interactive chart.
Data table
| Feb 2026 — top countries | |
|---|---|
| Poland | €2.8B |
| UK | €2.7B |
| Sweden | €571M |
| Germany | €404M |
| France | €327M |
| Netherlands | €322M |
| Finland | €188M |
| Spain | €151M |
| Switzerland | €125M |
| Ireland | €97M |
Capital by country
share of equityFeb 2026 — capital by country — interactive chart.
Data table
| Feb 2026 — capital by country | |
|---|---|
| Poland | €2.8B |
| UK | €2.7B |
| Sweden | €571M |
| Germany | €404M |
| France | €327M |
| Netherlands | €322M |
| Finland | €188M |
| Spain | €151M |
| Switzerland | €125M |
| Ireland | €97M |
| Other | €315M |
Geographic distribution
European countries shown · click a countryFeb 2026 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedFeb 2026 — top sectors — interactive chart.
Data table
| Feb 2026 — top sectors | |
|---|---|
| Transportation | €4.3B |
| AI | €613M |
| Healthtech | €438M |
| Semiconductors | €418M |
| Software | €405M |
| Fintech | €346M |
| Energy | €314M |
| Space | €204M |
| Cybersecurity | €188M |
| Cleantech | €139M |
Capital by sector
share of equityFeb 2026 — capital by sector — interactive chart.
Data table
| Feb 2026 — capital by sector | |
|---|---|
| Transportation | €4.3B |
| AI | €613M |
| Healthtech | €438M |
| Semiconductors | €418M |
| Software | €405M |
| Fintech | €346M |
| Energy | €314M |
| Space | €204M |
| Other | €1.1B |
Stages
Funding by stage
total euro raised by round typeFeb 2026 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €67M |
| Seed | €254M |
| Series A | €588M |
| Series B | €360M |
| Series C | €242M |
| Series D+ | €1.7B |
| Growth/Late | €21M |
| Debt | €2.6B |
| Grant | €17M |
| Crowdfunding | €587k |
| Other | €4.7B |
Exits
Exit activity
37
exits recorded
€1.3B
combined disclosed value
Exits breakdown
by typeFeb 2026 — exits by type — interactive chart.
Data table
| Feb 2026 — exits by type | |
|---|---|
| Acquisition | 32 |
| Merger | 5 |