European Tech Startups Raise €11 Billion in Q3 2024

In Q3 2024, European tech companies raised €11 billion across 891 deals, with seed rounds accounting for nearly half a billion euros. Notable startups include Swiss-Mile, which raised €19.8 million for its autonomous mobile robots, and Phlair, which secured €14.5 million for its innovative carbon capture technology. Meanwhile, Madrid surpassed Barcelona in startup investment, driven by an influx of Latin American talent and a thriving ecosystem supported by universities and major tech firms. Berlin continues to attract talent and innovation, with startups like BlueLayer targeting the growing carbon credit market. Zurich remains a financial hub, with CHF 72 million invested in local tech startups, including Nanoflex Robotics, which aims to revolutionize emergency medical treatments. Initiatives like the Center for Advancing Financial Equity in Delaware support fintech innovations for underserved populations, highlighting a collaborative effort to improve financial health.