European startup funding halved to $42B in 2023, says Atomico TechCrunch

The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC funding for startups, particularly those outside the U.S. According to VC firm Atomico, companies in Europe are on track to raise just $42 billion […]

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 The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist, and one of the most acutely impacted areas has been VC funding for startups, particularly those outside the U.S. According to VC firm Atomico, companies in Europe are on track to raise just $42 billion
© 2023 TechCrunch. All rights reserved. For personal use only.  Read More TechCrunch Startups, Venture, Atomico, european startups, investment trends 

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