Europe deep tech scale-ups raise €4.06B, but nine rounds take 51%
Photo: The Cryptonomist
Europe’s deep tech scale-ups in the EIC Scaling Club raised €4.06 billion after joining , according to the Club’s funding analysis using data through September 29, 2026. But the capital was concentrated: nine rounds above €100 million accounted for 51% of the total, largely backing computing, space and energy technologies tied to Europe’s strategic priorities. Key takeaways The Club selected 120 companies across 26 European countries. Funding reached 56% of portfolio companies, versus 38% of comparable peers. Rounds involving public backers generated roughly 80% of capital raised. Spain led fundraising, with €1.48 billion secured after joining.
Source: The Cryptonomist
