Q3 2017: Best quarter on record (again) for European tech funding; the UK, Germany, Switzerland, and Israel raise more than ever
Robin Wauters
On a mission to boost the competitiveness of the European technology, startup and investment ecosystem(s), and help the Belgian tech ecosystem reach the next level while at it.
For the second quarter in a row, European tech funding has broken previous records: total funding tracked by Tech.eu for tech startups in Europe, Israel, and Turkey rose to €7.7 billion in Q3 2017, across 865 deals.
This is €1 billion more than was raised in Q2 2017, and a 117% increase from the same period last year, when total funding reached only €3.5 billion.
If Q2 and Q3 2017 are any indication, European tech funding is on a serious upward swing.
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