Welcome to the latest edition of Silverpeak’s Deeptech M&A and Financing Report, providing an in-depth review of European fundraising and deal activity in the deeptech sector.
Key findings:
- European deeptech financing transaction value remains stable, with a quarterly average of $1bn, 2.5x higher than pre-covid
- Series B activity shows particular strength, with deal value increasing 13% QoQ to $426m and a median deal value of $37m
- The UK continues to lead financing deal activity by volume, although Germany leads in series A and B value thanks to few large deals
- New unicorns have emerged across a diverse set of industries, including Tekever and Quantum Systems
- Deeptech represents 28% of total financing value
- M&A transactions totalling $1.1bn in Q1, together with record holding periods, suggest a deepening pool of exit candidates capable of achieving strategic valuations