May 2026 Europe VC Funding Roundup: €10.5B and a Mega-Round Recovery
European tech funding rebounded to €10.5B in May 2026 as mega-rounds powered a market recovery led by defense, deeptech, and sovereign technology.
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European tech funding rebounded to €10.5B in May 2026 as mega-rounds powered a market recovery led by defense, deeptech, and sovereign technology.
May 2026 was the second-largest venture month on record — but strip out Anthropic's $50B and the real story is concentration, defense, and the reopening exit window.
D2C food brand Anveshan raised ₹121 crore (~$12.7M) Series B led by Vertex Ventures and IFC in May 2026, roughly doubling its valuation on a rural-sourcing model.
C2i Semiconductors raised a $16.7M Series A extension led by TDK Ventures and Peak XV in May 2026, advancing India's push into semiconductor design.
Corgi Insurance stacked a $160M Series B and a $106M Series B1 within weeks in May 2026, reaching a $2.6B valuation for its AI-native insurance platform.
Garner Health raised $100M Series E led by Index Ventures in May 2026 at a $2.74B valuation, scaling its data platform for finding high-quality healthcare providers.