Sectors/Software/2026/Q1

Software funding in Q1 2026

European Software startup funding raised during Q1 2026.

In Q1 2026, 204 European Software companies raised a combined €1.5B across 204 funding rounds, down 38.5% versus Q1 2025. UK led by capital raised, and TÜBİTAK BIGG Fund was the most active investor. Data as of 9 Jul 2026.

Total funding

€1.5B

-38.5% vs Q1 2025

Funding rounds

204

-10.1% vs Q1 2025

Companies

204

Top country

Rank among sectors

6.6% of sector funding

Debt financing

€25M

1.7% of total

Top-10 round share

39.5%

of disclosed capital

Rounds ≥ €100M

Funding by month

€ raised vs rounds, by month

Top countries

by € raised

Stage mix

by € raised

Exits & M&A

39 Acquisition · 2 Merger

41 exits.

Top deals

largest disclosed rounds in Q1 2026

Company	Stage	Date	Amount
Granola	Other	Mar 2026	€108M
Oxa	Series D+	Mar 2026	€88M
osapiens	Series C	Jan 2026	€86M
Aikido Security	Series B	Jan 2026

View all 204 Software deals in Q1 2026 →

Top investors

most active in Q1 2026, by deal count

TÜBİTAK BIGG Fund6 deals
Y Combinator5 deals
Bayern Kapital4 deals
Alven3 deals
Antler3 deals
Northzone3 deals
Notion Capital3 deals
Partech3 deals
Seedcamp3 deals
Superhero Capital3 deals

← All 2026 Software funding