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TNW | Investors-funding

Europe’s startups had their best quarter in 4 years, Crunchbase data shows

North American startup funding fell 35% to $92bn without new OpenAI and Anthropic megarounds. Meanwhile, AI startups have bought 195 other AI startups this year, more than in all of 2025.

Tarun Mottlia

Via TNW | Investors-funding

·Excerpt
Europe’s startups had their best quarter in 4 years, Crunchbase data shows
Image: A trading desk with price charts on several screens.

European startups raised $25bn in the third quarter, their strongest quarter for venture funding in four years. In North America, startup funding fell 35% from the previous quarter to $92bn, Crunchbase data shows.

Europe’s total was up 77% on the $14bn raised in the third quarter of 2025, Gené Teare reported for Crunchbase News on Thursday. AI companies took 75% of it, or $18.8bn, the highest share on record.

Four rounds took 40% of Europe’s money

Four European companies raised…

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