Funding attributed across 31 sectors parsed from company industries. A round counts toward each of its company's sectors.
| Sector | 2024 share | 2025 share | Shift (pp) |
|---|---|---|---|
| Cleantech | 17.6% | 4.3% | ▼ -13.4% |
| Transportation | 14.5% | 3.8% | ▼ -10.8% |
| Telecom | 0.7% | 6.6% | ▲ +5.9% |
| Software | 10.1% | 14.5% | ▲ +4.4% |
| Healthtech | 6.9% | 10.7% | ▲ +3.8% |
| AI | 4.2% | 7.4% | ▲ +3.2% |
| Deeptech | 4.3% | 2.6% | ▼ -1.7% |
| Cloud | 1.9% | 3.5% | ▲ +1.5% |
| Hardware | 0.3% | 1.8% | ▲ +1.5% |
| Gaming | 0.7% | 2.1% | ▲ +1.4% |
| Semiconductors | 1.1% | 2.3% | ▲ +1.2% |
| Energy | 9.1% | 10.3% | ▲ +1.2% |
| Sector | Total € | Deals | Avg round | Share |
|---|---|---|---|---|
| Fintech | €130B | 6,562 | €22M | 16.3% |
| Software | €112B | 11,687 | €11M | 14.2% |
| Healthtech | €68B | 5,659 | €13M | 8.6% |
| Transportation | €59B | 2,767 | €25M | 7.4% |
| E-commerce | €46B | 2,142 | €25M | 5.8% |
| Cleantech | €46B | 2,086 | €25M | 5.8% |
| Energy | €42B | 1,762 | €28M | 5.2% |
| AI | €25B | 1,347 | €21M | 3.2% |
| Foodtech | €24B | 1,621 | €18M | 3.0% |
| Cybersecurity | €23B | 1,862 | €14M | 2.9% |
| Marketing | €20B | 2,979 | €7.9M | 2.5% |
| Media | €20B | 2,580 | €9.1M | 2.5% |
| Telecom | €19B | 742 | €29M | 2.4% |
| Cloud | €16B | 334 | €55M | 2.0% |
| Semiconductors | €15B | 564 | €29M | 1.8% |
| Travel | €13B | 1,409 | €11M | 1.6% |
| Fashion | €12B | 968 | €15M | 1.5% |
| Consumer | €11B | 1,553 | €8.9M | 1.4% |
| Robotics | €11B | 627 | €21M | 1.4% |
| Gaming | €11B | 1,206 | €11M | 1.4% |
