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August 1, 2025

Europe’s most active debt providers in H1

The busiest lenders — and their dealcount in the first six months of 2025

After a record-breaking 2024, venture debt deal value in Europe has pulled back sharply — down 67% to €7.1bn in H1 2025, with deal count falling 40% year-on-year. 

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Hessa Alabbas

Hessa Alabbas is a data analyst at Sifted, based in London. You can find her on LinkedIn.

Éanna Kelly

Éanna Kelly is a contributing editor at Sifted, and writes Startup Life , a weekly newsletter on what it takes to build a startup. Follow him on X and LinkedIn

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