European Cloud startup funding raised during 2020.
In 2020, 27 European Cloud companies raised a combined €556M across 29 funding rounds. UK led by capital raised, and Act Venture Capital was the most active investor. Data as of 21 Aug 2026.
10 exits · €25M disclosed.
| CloudAlly | Acquisition | Nov 2020 | €25M |
| €31M |
| Firebolt | Series A | Dec 2020 | €31M |
| Pagero | Other | Dec 2020 | €30M |
| Allcloud | Growth/Late | Dec 2020 | €25M |
| Verne Global | Other | Mar 2020 | €24M |
| UpCloud | Series B | Jan 2020 | €18M |
| CloudMargin | Series B | Sep 2020 | €13M |
| Ekco | Other | Jun 2020 | €8.4M |
| Arweave | Seed | May 2020 | €7.4M |
| Avassa | Other | Nov 2020 | €5.8M |
| Zesty.co | Seed | Nov 2020 | €5.5M |
| Commerce Layer | Series A | May 2020 | €5.5M |
