Sectors/Software/2023/June

Software funding in June 2023

European Software startup funding raised during June 2023.

In June 2023, 82 European Software companies raised a combined €777M across 83 funding rounds, down 31.0% versus June 2022. UK led by capital raised, and Bpifrance was the most active investor. Data as of 23 Aug 2026.

Total funding

€777M

-31.0% vs June 2022

Funding rounds

-13.5% vs June 2022

Companies

Top country

Rank among sectors

12.9% of sector funding

Debt financing

€20M

2.6% of total

Top-10 round share

71.0%

of disclosed capital

Rounds ≥ €100M

Top countries

by € raised

Stage mix

by € raised

Exits & M&A

27 Acquisition · 1 Merger

28 exits · €2.9B disclosed.

Top deals

largest disclosed rounds in June 2023

Company	Stage	Date	Amount
odoo	Other	Jun 2023	€150M
Nothing	Other	Jun 2023	€88M
Kongsberg Digital	Other	Jun 2023	€84M
Pigment	Series C	Jun 2023

View all 83 Software deals in June 2023 →

Top investors

most active in June 2023, by deal count

Bpifrance2 deals
Cocoa VC2 deals
David Sønstebø2 deals
Foresight Group2 deals
Insight Partners2 deals
PeakSpan Capital2 deals
Polar Structure2 deals
Discovery Ventures1 deals
LBAN1 deals
115K1 deals

← All 2023 Software funding

Software AG	Acquisition	Jun 2023	€2.4B
Immedis	Acquisition	Jun 2023	€514M