Worst hit will be companies at the growth stage requiring late-stage capital injections to scale up..
But Europe is the only region where investment has risen from 2020 levels – by 18% – whereas the US expected figure of $120 billion is a 1% drop from 2020 and the figures for China and RoW are expected to drop by 7% and 8%, respectively.
Investment in European late-stage tech startups has almost dried up as the IPO market makes exits unappealing.
