Europe VC funding flat in Q1 2025; healthcare leads

Europe VC Funding Q1 2025

Crunchbase finds that European startups raised about $12.6 billion in Q1 2025 – roughly flat from a year earlier. Healthcare and biotech led all sectors, securing around $4B (~32% of the total) in the quarter. By country, the UK raised ~$4.4B, Germany $1.6B, France $1.3B, and Spain hit a milestone $1B – marking Spain’s first $1 billion quarter in over two years.