European startup funding Nov 2026
Monthly report · 2026-11-01 – 2026-11-30 · in progress
MonthlyPartial — in progress through 2026-11-10
Summary
auto-generatedNov 2026 is in progress (through 2026-11-10); 88 rounds so far, with €2.4B raised in equity (excluding debt and grants) and €839M in debt.
So far 267 named investors have participated; figures will grow as the month completes and are not compared to Oct 2026.
Türkiye led by equity raised with €1.2B (48.4% of equity).
Media was the most-funded sector at €1.2B in equity (50.2%).
The ten largest rounds accounted for 87.2% of disclosed capital, led by Fal.ai's €1.2B.
8 exits were recorded this month.
Equity funding
€2.4B
excl. debt & grants · +€839M debt
Funding rounds
88
Companies funded
87
Named investors
267
Exits
8
Provenance: 88% of 88 rounds disclosed an amount · 96% of priced rounds are high-confidence
Methodology →Investments
Funding within Nov 2026
by dayFunding within Nov 2026 — interactive chart.
Data table
| Amount | Deals | |
|---|---|---|
| 01 | €0 | 1 |
| 02 | €131M | 10 |
| 03 | €179M | 18 |
| 04 | €1.3B | 14 |
| 05 | €1.0B | 13 |
| 06 | €183M | 7 |
| 07 | €0 | 0 |
| 08 | €0 | 0 |
| 09 | €379M | 13 |
| 10 | €78M | 12 |
| 11 | €0 | 0 |
| 12 | €0 | 0 |
| 13 | €0 | 0 |
| 14 | €0 | 0 |
| 15 | €0 | 0 |
| 16 | €0 | 0 |
| 17 | €0 | 0 |
| 18 | €0 | 0 |
| 19 | €0 | 0 |
| 20 | €0 | 0 |
| 21 | €0 | 0 |
| 22 | €0 | 0 |
| 23 | €0 | 0 |
| 24 | €0 | 0 |
| 25 | €0 | 0 |
| 26 | €0 | 0 |
| 27 | €0 | 0 |
| 28 | €0 | 0 |
| 29 | €0 | 0 |
| 30 | €0 | 0 |
Biggest deals
top 10 by amount- 1Fal.aiSeries D+ · Türkiye · Nov 2026€1.2B
- 2ReturnDebt · Netherlands · Nov 2026€835M
- 3Onodrim IndustriesSeries A · Netherlands · Nov 2026€268M
- 4Hoxton WealthOther · UK · Nov 2026€121M
- 5EOS-X SpaceOther · Spain · Nov 2026€107M
- 6HypersonicaSeries B · Germany · Nov 2026€100M
- 7PliantSeries C · Germany · Nov 2026€71M
- 8FourthlineGrowth/Late · Netherlands · Nov 2026€65M
- 9Optics11Other · Netherlands · Nov 2026€50M
- 10Titan OSOther · Spain · Nov 2026€41M
Concentration
top 10 deals87.2%
of disclosed capital came from the ten largest rounds.
Top 10 total
€2.8B
Period total
€3.2B
Countries
Top countries
equity raisedNov 2026 — top countries — interactive chart.
Data table
| Nov 2026 — top countries | |
|---|---|
| Türkiye | €1.2B |
| Netherlands | €383M |
| UK | €270M |
| Germany | €263M |
| Spain | €171M |
| Denmark | €51M |
| France | €30M |
| Sweden | €16M |
| Austria | €11M |
| Finland | €9.0M |
Capital by country
share of equityNov 2026 — capital by country — interactive chart.
Data table
| Nov 2026 — capital by country | |
|---|---|
| Türkiye | €1.2B |
| Netherlands | €383M |
| UK | €270M |
| Germany | €263M |
| Spain | €171M |
| Denmark | €51M |
| France | €30M |
| Sweden | €16M |
| Austria | €11M |
| Finland | €9.0M |
| Other | €24M |
Geographic distribution
European countries shown · click a countryNov 2026 — geographic distribution — interactive chart.
Industries
Top sectors
equity raisedNov 2026 — top sectors — interactive chart.
Data table
| Nov 2026 — top sectors | |
|---|---|
| Media | €1.2B |
| Defence | €376M |
| Cybersecurity | €373M |
| Fintech | €332M |
| Healthtech | €154M |
| Space | €127M |
| Transportation | €52M |
| Software | €45M |
| Deeptech | €36M |
| Proptech | €25M |
Capital by sector
share of equityNov 2026 — capital by sector — interactive chart.
Data table
| Nov 2026 — capital by sector | |
|---|---|
| Media | €1.2B |
| Defence | €376M |
| Cybersecurity | €373M |
| Fintech | €332M |
| Healthtech | €154M |
| Space | €127M |
| Transportation | €52M |
| Software | €45M |
| Other | €104M |
Stages
Funding by stage
total euro raised by round typeNov 2026 — funding by stage — interactive chart.
Data table
| Amount | |
|---|---|
| Pre-Seed | €17M |
| Seed | €128M |
| Series A | €366M |
| Series B | €100M |
| Series C | €71M |
| Series D+ | €1.2B |
| Growth/Late | €65M |
| Debt | €839M |
| Grant | €2.2M |
| Other | €458M |
Exits
Exit activity
8
exits recorded
€0
combined disclosed value
Exits breakdown
by typeNov 2026 — exits by type — interactive chart.
Data table
| Nov 2026 — exits by type | |
|---|---|
| Acquisition | 8 |