Analysis

April 9, 2024

How dealmaking fared in Q1

New Sifted data shows European startups raised about €12.3bn in Q1, a downtick from the previous quarter

Anne Sraders

3 min read

For all that VCs tell Sifted reporters that things are picking up, it hasn’t quite shown up in the data yet. There were 1,379 equity funding rounds in the first quarter of this year, according to Sifted data (which includes undisclosed rounds and excludes deals with grants or a debt component). Across those deals, startups raised €12.3bn in Q1.

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Anne Sraders

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

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