VC Funding Insights
Data-driven analysis of venture capital trends — category shifts, survival rates, and round size comparisons across 122,000+ tracked investments.
Finance & Blockchain seed funding share declines 5.9pp, matched by Industry & Hardware’s 5.9pp gain from 2021 to 2024
Seed funding share in Sweden and Netherlands shows Industry & Hardware rising 5.9pp, while Healthcare & Life Sciences falls 2.4pp from 2021 to 2024.
ICEYE raises EUR1000M Series C+ backed by EQT Ventures
ICEYE, a Finland-based satellite data company, raises EUR1000M in Series C+ with EQT Ventures participating.
Commerce seed funding share drops 6.6pp, ceded to Energy's 4.3pp rise
Seed funding in France and Spain shifts with Commerce sector losing 6.6pp share to Energy's 4.3pp gain from 2021 to 2024.
Mistral AI raises EUR3000M Series C+ backed by a16z and Advent
Mistral AI secures EUR3000M in Series C+ with participation from a16z, Advent, and others, based in France in software and developer tools.
Healthcare's 2.4pp share drop contrasts with Industry & Hardware's 5.9pp rise in seed funding
Seed funding share in Healthcare falls by 2.4pp while Software edges up 0.7pp in Sweden and Netherlands.
Healthcare's 2pp funding share decline contrasts with Industry's 1.5pp rise in France and Spain
Seed funding in France and Spain shows a 2pp drop in Healthcare share offset by a 1.5pp gain in Industry & Hardware from 2021 to 2024.
Commerce & Marketing's 6.6pp share decline cedes ground to Energy, Environment & Mobility's 4.3pp gain
Energy & Environment funding share rises 4.3pp while Industry & Hardware grows 1.5pp in France and Spain pre-seed to seed rounds
xorlab raises EUR5M Series A with EquityPitcher, Spicehaus Partners, ZKB Start-Up Finance
xorlab raises EUR5M in Series A funding backed by EquityPitcher, Spicehaus Partners, and ZKB Start-Up Finance in Switzerland.
Series C+ median rounds in Sweden declined from 2024 to 2025 despite higher deal count
Sweden's Series C+ median round size surged from €75M in 2025 to €130M in 2024, with deal counts fluctuating 36 to 45.
Energy sector’s 4.8pp seed funding share rise contrasts with Software’s 3.9pp gain
From 2021 to 2024 in Germany and France, seed funding share for Energy fell 4.8pp while Software gained 3.9pp, signaling sector substitution trends.
HyImpulse raises €50M Series A backed by ACE, Bayern Kapital, Join Capital, and North Ventures
HyImpulse, a German New Space startup, secured €50M in Series A with participation from ACE, Bayern Kapital, Join Capital, and North Ventures.
Mistral raises €3B Series C+ backed by ASML, Nvidia, Samsung
French software startup Mistral closes a €3B Series C+ with participation from ASML, Nvidia, and Samsung, totaling over €6.2B raised to date.
Czechia's Venture Market Punches Above Its Economic Weight
Czechia deployed €6.98B across 809 venture rounds since 2020. VC intensity exceeds Germany, startup density dwarfs regional peers. Full macro analysis.
Healthcare’s 2pp seed funding drop contrasts with Energy’s 4.3pp gain in France and Spain
Seed stage funding share in France and Spain shifts as Healthcare loses 2pp while Energy gains 4.3pp from 2021 to 2024.
BOOKR Kids raises €6.1M Series A backed by 3TS Capital Partners and TCV
BOOKR Kids closed a €6.1M Series A funding round supported by 3TS Capital Partners and TCV to grow its interactive e-book platform for children.
Repodo raises €8.2M with Hedosophia and Seed Capital participating
Repodo, based in Denmark, secures €8.2M in a pre seed funding round with Hedosophia and Seed Capital participating.
Germany’s Series C+ median round is 9% larger than Netherlands and 10% above Switzerland
Compare Series C+ median round sizes and deal size ranges in Germany, Switzerland, and the Netherlands.
Velatir raises €5M Seed backed by Export and Investment Fund of Denmark and others
Velatir completed a €5M Seed funding round with participation from six investors including Export and Investment Fund of Denmark.
Finance & Blockchain's 3.9pp seed funding share drop contrasts with AI's smaller 1.3pp decline
From 2021 to 2024, Finance & Blockchain seed funding share in Israel and Switzerland fell 3.9pp, while AI dropped 1.3pp.
NavVis raises €74M Series C+ backed by Cipio Partners, Kozo Keikaku Engineering, Yttrium
NavVis closes a €74M Series C+ funding round with participation from Cipio Partners, Kozo Keikaku Engineering, and Yttrium.
Sweden’s Series A to B rounds close 1.6× faster than Germany’s
Sweden startups move from Series A to B in 11 months median, faster than Germany’s 18 months, revealing distinct funding pace.
Energy sector’s 4.8pp seed funding share gain offsets Healthcare’s 1.6pp loss
Seed funding share in Energy, Environment & Mobility rises 4.8pp while Healthcare & Life Sciences falls 1.6pp in Germany and France from 2021 to 2024.
Spain’s seed startups show a lower single-round funding share than Sweden’s
Spain’s seed startups have a 45.1% single-round share, slightly below Sweden’s 49%, revealing funding persistence differences.
Commerce & Marketing seed share falls 2.8pp while Software & Developer Tools slips 0.5pp
From 2021 to 2024, Commerce & Marketing seed funding share in Germany and Netherlands dropped 2.8pp, outpaced by smaller shifts in Software & Developer Tools.
