European venture funding jumps 77% YoY to $25B in Q3

European startups raised $25B in Q3, up 77% year over year, according to Crunchbase. It was the region's strongest funding quarter in four years, accounting for 16% of global VC, with AI companies driving the gains.

• European venture funding rose 77% YoY to $25B in Q3
• Strongest funding quarter for the region in four years
• Europe accounted for 16% of global venture funding
• AI startups were the main driver of the growth