Boost in Investor Confidence Triggers €6.5B Capital Infusion into European Tech Sector during June
European tech companies saw a significant increase in funding in June 2023, according to data from the Tech.eu database. The total funding secured in the month surpassed €6.5 billion, marking an 18% increase compared to May's total of €5.5 billion.
The data provided includes the number of deals and the total funding secured. However, the values of 42 deals in June remain undisclosed, leaving the exact funding secured in these deals unknown.
In June, a total of 365 deals were recorded, with 13 of these involving companies raising over €100 million each. Unfortunately, the total funding secured by these 13 companies is not specified in the data.
The number of deals in June was 341 fewer than in May, indicating a decrease in the number of deals but a substantial increase in the total funding secured. The funding was distributed across 323 deals in June, suggesting that the majority of deals were of a smaller scale.
It's worth noting that the data provided does not include specific information on the top 13 European tech companies that raised over €100 million in June 2021. Similarly, the total undisclosed funding amount for June 2021 is not mentioned in the search results. For more detailed information on the funding activities of European tech companies in June 2021, you may need to consult specialized funding databases or reports from that specific period.
In conclusion, European tech companies secured over €6.5 billion in funding in June 2023, marking a significant increase from May. While the details of the 13 deals involving companies raising over €100 million are not available, the data provides a valuable insight into the vibrant tech funding landscape in Europe.
In the tech funding landscape of Europe, while the exact amounts of undisclosed financing for 42 deals in June 2023 remain undisclosed, the total amount secured surpassed €6.5 billion. Furthermore, the data indicates a shift in focus towards larger investments, with 13 companies each raising over €100 million, although the total funding secured by these companies is not specified.
