Funding Rounds Have Never Been Bigger in Europe Thanks to US Cash

A Berlin-based software startup, n8n, triggered a competitive funding round in summer 2025, receiving 14 term sheets—most from U.S. investors—highlighting surging American interest in European tech. The bidding war for n8n underscores a broader trend: European startups are securing record funding rounds, increasingly driven by U.S. capital injections rather than local or regional investors. Founder Jan Oberhauser’s experience reflects a shift in venture dynamics, where American firms now dominate high-value deals in Europe, reshaping the continent’s startup funding landscape. This influx of U.S. cash signals growing confidence in Europe’s tech ecosystem, particularly in sectors like automation and AI, where n8n’s workflow software operates. The trend suggests Europe’s startup scene is maturing, with U.S. investors prioritizing scalability and global potential over geographic proximity.