European Cloud startup funding raised during H1 2024.
In H1 2024, 15 European Cloud companies raised a combined €463M across 16 funding rounds, up 1138.4% versus H1 2023. UK led by capital raised, and Presto Ventures was the most active investor. Data as of 9 Jul 2026.
5 exits.
| €20M |
| SysGroup | Other | Jun 2024 | €13M |
| Hive | Series A | Mar 2024 | €12M |
| T.Loop | Other | Jan 2024 | €3.2M |
| Internxt | Other | Jan 2024 | €3.0M |
| Simplyblock | Seed | Feb 2024 | €2.5M |
| Vawlt | Other | Mar 2024 | €2.1M |
| Internxt | Grant | May 2024 | €1.4M |
| CryoCloud | Pre-Seed | Feb 2024 | €500k |
| Zerops | Pre-Seed | Jun 2024 | €466k |
| Qumulus | Grant | Apr 2024 | €410k |
| CloudAvocado | Other | Jan 2024 | €46k |
