Key insights from this month's Tech market briefing

In this edition, our analysts break down a reversal in B2B software valuations after three months of gradual recovery, a supply chain software market where AI adoption is already underway but disruption risk remains more contained than expected, and a deal landscape where corporate M&A has surged to approximately €27bn in Q2 2026 to date while total 2026 YTD AI investment has already surpassed the full-year 2025 total at $318bn.

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What we cover in this month's replay
Our July session focuses on the themes that matter most to investors and corporate strategy teams across B2B technology:

• Public market performance as the B2B Software Universe fell 2.4% in June, reversing the gradual recovery built through April and May, and now sitting down 7.0% year-to-date while the S&P 500 is up 9.6%
• Supply chain software deep-dive covering AI adoption maturity across TMS, WMS, and Fleet Management, the AI disruption risk matrix across all five supply chain sub-segments, and the key deal dynamics shaping consolidation in 2026
• Deal activity across private equity (approximately €6bn, 72 deals), corporate M&A (approximately €27bn QTD led by Clearwater Analytics, Salesforce/Fin, and Nuvei/Payoneer), and venture capital (approximately €74bn QTD with 2026 YTD AI investment at $318bn)
• IPO activity including SpaceX's approximately $80bn IPO raise which alone represents around 60% of the 2026 YTD total offer amount, and a review of the recent B2B software IPO vintage performance
• Q1 2026 earnings covering the final 11 companies in Dedale Intelligence's coverage universe, all of which beat consensus, yet only 2 of 11 traded up post-release

Speakers

• Benjamin Forlani — CEO, Dedale Intelligence
• Julia Reulet — Managing Director and COO, Dedale Intelligence
• Benoit Brognaux — Investment and Strategy Associate, Dedale Intelligence (guest speaker, Supply Chain Software segment deep-dive)
• Gianna Cham — Investment and Strategy Associate, Dedale Intelligence
• Miguel Tang — Investment and Strategy Analyst, Dedale Intelligence
• Iñigo Llamado — Investment and Strategy Analyst, Dedale Intelligence

Watch the full replay below, dive into our article for a concise summary, or download the full Market Intelligence report for detailed data and analysis. If you would like to go deeper on a specific segment, company set, or market theme, feel free to contact our team.