European tech weekly recap: €2.8B in deals and May's highlights

Last week, we tracked more than 65 tech funding deals worth over €2.8 billion and over 10 exits, M&A transactions, rumours, and related news stories across Europe. 📊 In May, European tech startups raised €10.5 billion across 258 funding deals, with larger funding rounds driving strong capital deployment despite lower deal volume. 🌎 The UK led the region, attracting €7.9 billion in funding, while cloud companies were the top-funded sector with €3 billion invested.