European venture capital remains stagnant, with investments amounting to 43.7 billion euros as of the third quarter of 2025, consistent with the levels of 2023-2024. However, the financing amount for venture capital has dropped to its lowest point in a decade, at only 8.3 billion euros. Positive signs include increased participation from American investors, with companies such as Lovable (Series B financing of $330 million) and Mistral (Series C financing of 1.7 billion euros) completing large financing rounds led by American investors, as well as Klarna's recent successful IPO, which has boosted European entrepreneurs' confidence in the prospects for globalization.