More capital. Fewer deals. What H1 2026 tells us about European tech

Fewer deals may hinder new startups from accessing funding.

While capital is increasing, the number of opportunities is decreasing.

Many may face challenges in securing funding as competition intensifies.

They might see lucrative opportunities in high-value projects.

General low-level threat across the European tech scene.

Privacy regulations could impact startups.

Potential reputational harm for startups unable to secure funding.

Execution strategies may need adjustment given the competitive landscape.

Existing infrastructure supports tech growth.

Stable political environment in Europe.

Evolving regulations on tech funding may impact future investments.

Supply chains are generally robust in tech.

Increased competition might impact talent retention.

Low current exposure to AI-driven liabilities.