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European tech funding dropping but better than elsewhere

November 29, 2023


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.

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