Top 10 European Tech Deals in September 2026
European tech funding rebounded sharply in September 2026, reaching €15.8 billion across 300 deals, up from €3.2 billion and 165 deals in August. Funding value increased by almost 394% month on month, while deal volume rose by around 82%. The UK remained Europe's leading market, attracting €7.3 billion (46% of total). Cloud was the top-funded sector with €5.5 billion, replacing AI. Exit activity remained stable at 39 transactions. The top 10 deals accounted for 70.8% of the month's total funding. Notable deals include Mistral AI's €3B Series D, Nscale's two rounds totaling $6.36B, TEKEVER's $580M Series D, Wonderful's $550M Series C, Bird's $450M debt financing, FNZ's $450M, The Exploration Company's $450M Series C, Open Cosmos' €300M, and EXEIN's $270M.
