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Winners and losers in war; another slow fundraising quarter; mapping the AI super-cycle
May 26, 2026   |   Read online   |   Manage your subscription
PitchBook
The Europe Pitch
Presented by IQPC
 
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Good afternoon. Welcome back to The Europe Pitch, PitchBook's newsletter for the EMEA region.

⚖️ European legal tech VC is on course for a record year, with €856.6 million invested so far in 2025. Capital is rapidly consolidating around perceived category winners, and the median deal size has doubled to €5 million as investors back fewer, bigger bets. More below