Pro

Analysis

December 5, 2025

European VCs have raised nearly 60% less funding so far in 2025

New PitchBook data shows the dire state of the market — but it may be more cyclical

Anne Sraders

3 min read

As 2025 nears its close, the tales of just how bad the European VC fundraising environment is have started to materialise in hard data.

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Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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