ECSO launches the June & July 2024 European Cybermarket News Report

The European Cyber Security Organisation (ECSO) has launched a new edition of the ECSO European Cybermarket News Report. This time the report combines the market activities of the months of June and July. Together, they form the mandatory post-summer read for everyone interested in the movements of the European cybersecurity market.

On this edition of the ECSO Cybermarket News Report:

Private funding rounds:

  • June: 12 funding rounds, totalling 181.53M€. There were 4 pre-seed/seed, 1 series A, 1 series B, 1 series C, 1 Debt, 1 series D+, and 3 undisclosed rounds.
  • July: 16 funding rounds, totalling 83.02M€. There were 9 pre-seed/seed, 3 series A, 2 series B, and 2 undisclosed rounds.

    M&As (Mergers & Acquisitions):

    • June: there were 6 M&As this month. There was 1 European company that was acquired by a non-European one.
    • July: there were 15 M&As this month. There were 3 European companies acquired by non-European ones, and 3 non-European acquired by European companies.

    New cybersecurity investment funds:

    • June: 6 new cybersecurity-related funds in June, which totalled at 4.16B€. Of these, 4 were VCs, 1 Debt, and 1 Corporate.
    • July: 4 new cybersecurity related funds in July, which totalled at 2.82B€. Of these, 1 was VCs, 1 PE, 1 Growth Equity and 1 was an undisclosed type of fund.

    EU Calls & Tenders:

      • A total of 3 calls and 2 tenders closing in September

      This report is exclusive for ECSO Members.

      Not sure how to interpret the findings of the report?

      A new edition of the webinar Decoding European Cybersecurity Market Trends will take place on Thursday, 12 September 2024 at 14:00 CEST. The 60′ event will analyise the results of the report, offering insights and additional information by our experts.

      What is the ECSO Cybermarket News Report?

      The ECSO Cybermarket News Report is a monthly publication offering an overview of the latest cybersecurity-related funding, M&As, and investment funds of the European cybersecurity market. The report is also complemented by a summary of the principal market reports and events around the world. Delivered exclusively to ECSO Members, it provides the reader with a useful tool to navigate through the meanders and complexities of the European cybersecurity market.

      The ECSO Cybermarket News Report is made possible by the ECSO Cybersecurity Market Development Working Group.

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      Francisco Andrade E. Silva

      Market, Members and Communities Junior Manager

      francisco.andrade[at]ecs-org.eu

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