May 2026's top 10 European tech deals you need to know about

European tech activity in May 2026 was characterised by a decline in deal volume but a substantial increase in capital raised compared to April. The ecosystem recorded 258 funding deals and €10.5 billion raised, compared to 290 deals and €5.1 billion in April, reflecting an 11 per cent decrease in deal activity and a 106 per cent increase in total capital invested. At the country level, the UK strengthened its position as Europe's leading funding hub.