PitchBook：2026年第一季度欧洲风险投资估值报告（英文版）（16页）.pdf

1、EUROPEANVC ValuationsReportQ120262Q1 2026 EUROPEAN VC VALUATIONS REPORTContentsOverview 3Valuation trends by series 5Verticals 8Regions 10Unicorns 13Liquidity 15Institutional Research GroupNavina Rajan Senior Research Analyst,EMEA Private Capital Charlie Farber Manager,Data AnalysisOscar Allaway Sen

2、ior Data APublished on 18 May 2026Q1 2026 EUROPEAN VC VALUATIONS REPORT3Overview Summary of median company value(M)trends in Q1Summary of median deal value(M)trends in Q1Median VC deal value(M)20252026YoY%changeEurope2.12.938.1%US3.93.6-9.6%Median VC pre value(M)20252026YoY%changeEurope8.18.66.1%US3

3、1.846.245.2%By series20252026YoY%changeAngel0.50.3-43.6%Pre-seed/seed1.52.031.5%A-B14.017.021.6%C-D50.583.665.4%E+63.9173.3171.0%By series20252026YoY%changeAngel2.82.5-10.2%Pre-seed/seed5.16.017.6%A-B34.644.227.8%C-D220.7940.6326.1%E+1,640.93,311.0101.8%By region20252026YoY%changeCentral&Eastern Eur

4、ope1.11.647.0%DACH4.05.025.0%France&Benelux2.32.614.9%Israel7.116.5131.9%Nordics1.82.537.5%Southern Europe1.52.033.3%UK&Ireland1.92.321.8%By region20252026YoY%changeCentral&Eastern Europe8.08.00.1%DACH12.516.027.6%France&Benelux8.05.6-29.7%Israel25.243.773.4%Nordics7.112.068.6%Southern Europe5.78.03

5、9.0%UK&Ireland7.68.613.6%By vertical20252026YoY%changeAI2.42.920.8%SaaS2.12.621.0%Cleantech2.53.850.0%Life sciences3.54.013.9%Fintech2.74.463.8%Healthtech2.53.227.7%By vertical20252026YoY%changeAI8.59.27.9%SaaS8.610.217.8%Cleantech8.710.824.5%Life sciences9.69.2-4.4%Fintech11.413.114.7%Healthtech9.6

6、8.9-7.4%Source:PitchBook Geography:Europe As of 31 March 2026Source:PitchBook Geography:Europe As of 31 March 2026Q1 2026 EUROPEAN VC VALUATIONS REPORT4By type20252026YoY%changeAcquisition17.749.2178.3%Buyout77.250.0-35.2%Public listing85.0253.8198.6%By NTI type20252026YoY%changeNTI investor4.15.431