Technology: September 2026 sector report

Composed from 9 research facts recorded in September 2026, drawn from 8 source documents. Every figure names the record it came from and the date that record speaks for.

In brief

No narrative: no language model answered (All LLM providers failed. Please check API configurations.). No narrative is printed for this report. The figures and the facts below are complete without it.

Sector multiple

EV to EBITDA: 7.2x to 13.9x, median 10.0x. Our own estimate, worked out by MANDA Institute (Q1 2026). Nobody publishes this figure. Source: MANDA Institute sector estimate (MANDA Institute), as of 31 March 2026.

Eurozone all sector anchor, for context: median 8.6x, range 7.8x to 10.0x. An independent firm published this figure: the Argos Mid-Market Index, from Argos Wityu / Epsilon Research (Q1 2026). Source: Argos Mid-Market Index, as of 31 March 2026.

Transaction records

0 approved by a reviewer and 9 awaiting review. No figure from an unapproved record is printed.

regulatory: 5 facts

Maryland Tax Court struck down digital advertising tax, ordering refunds with interest (Tech.eu - European Startup, Funding and Technology News)
Maryland Tax Court struck down digital advertising tax, ordered refunds with interest (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)
UK seals free trade agreement with Switzerland including GBP 5.2bn services deal and separate agreement for travellers to use Swiss E-gates (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)
Google past spam-richtlijnen aan in Europa om EU-klacht te voorkomen (Hogere hypotheekrente drukt prijsstijgingen op de woningmarkt)
UK targets services exports in China trade talks (Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt)

deal volume: 2 facts

Over €3.9B invested across 70+ deals in European tech weekly recap (Tech.eu - European Startup, Funding and Technology News)
Over €475M invested across 35+ deals (Tech.eu - European Startup, Funding and Technology News)

competitor move: 1 fact

Finland's top-funded tech companies in H1 2026 (Statistical calendars)

financing: 1 fact

Study finds $2.6 trillion in tech debt from AI boom (BDO Talks Total Tax Podcast)

Records this report rests on

Our own estimate, worked out by MANDA Institute (Q1 2026). Nobody publishes this figure. (31 March 2026)
An independent firm published this figure: the Argos Mid-Market Index, from Argos Wityu / Epsilon Research (Q1 2026) (31 March 2026)
Tech.eu - European Startup, Funding and Technology News
Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt
Wirtschaftsnachrichten | Wirtschafts-News | Handelsblatt
Hogere hypotheekrente drukt prijsstijgingen op de woningmarkt
Tech.eu - European Startup, Funding and Technology News
Tech.eu - European Startup, Funding and Technology News
Statistical calendars
BDO Talks Total Tax Podcast