This summer wasn’t slow at all — rates kept moving, Germany jumped ahead of the UK in funding, and even the UK government decided OpenAI should run part of its house. While Figma’s IPO showed SaaS is far from dead, Europe kept struggling with the Series A crunch and VCs raising the least money in a decade. The message for founders is simple: don’t sit back — follow the money, prep for scarcity, and remember that politics and regulation hit harder than any pitch deck ever will.