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European startup funding drops 63% in August as deals slow

European tech startups saw funding decline sharply in August, with total investment falling by over half compared to July. While deal volume also dropped, ten companies still secured rounds exceeding €100 million, indicating select large deals persisted despite the broader slowdown.

Sources: tech.eu

“The sharp decline reflects broader market caution, though the persistence of mega-rounds suggests investor confidence remains in high-growth outliers.”
— StartupReader
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