As per the Tech.eu database, European tech companies garnered €9.3 billion through 355 deals in July, marking an 18% rise from June’s €6.5 billion from 323 deals.
Companies
In July, 14 companies out of 355 raised over €100 million each, with 48 deal values undisclosed. The largest deal involved London-based CityFibre, an independent telecom network provider, securing £2.3 billion in a financing round for expansion.