Atomico: European startups are on track to raise $45B in 2023, down from $85B in 2022; just seven unicorns are expected in 2023, vs. 48 in 2022 and 108 in 2021
The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist …
TechCrunch Ingrid Lunden
Related Coverage
- The State of European Tech 2023 The State of European Tech
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- Investment in European tech start-ups to sink by 50% this year Tech Monitor · Greg Noone
- European Startup Funding Falls as US Investors Pull Back PYMNTS.com
- Europe has more AI talent than US, study finds TNW · Thomas Macaulay
- European VC funding nearly halves in 2023, but shows resilience Silicon Republic · Vish Gain
- European tech funding halves to $45 billion, back to pre-Covid levels — but AI is a bright spot CNBC · Ryan Browne
- The top takeaways from Atomico's State of European Tech report Sifted · Kai Nicol-Schwarz
- State of European Tech 2023 - Executive Summary State of European Tech
- Funding for European technology companies plunges by nearly half Financial Times · Ivan Levingston
- UK remains top for tech VC funding but loses ground to Europe UKTN · Robert Scammell
- Funding For Europe's Startups Slumps Again Forbes · Iain Martin
- Foreign Investment in Europe's Big Startups ‘Grinding to a Halt’ Bloomberg · Isabella Ward
- European tech startup funding to fall to $45 billion in 2023 -Atomico Reuters · Supantha Mukherjee
Discussion
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@fabricapo
Fabrizio Capobianco
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Of all the graphs in the Atomico report, this one hit me in the face... Source: https://stateofeuropeantech.com/ [image]
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@federicodefalco
Federico De Falco
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Regulation, and specifically #AI regulation, is perceived as one of the greatest challenge to the EU #tech ecosystem for the year ahead - according to @atomico's State of European Tech 2023 report: https://stateofeuropeantech.com/. Looking at you, #AIAct, #EUCS, #CyberResilienceA…
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@atomico
@atomico
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The 2023 State of European Tech Report is LIVE! The highs, lows & data plus the story of EU #AI in the words of those building it @JonasAndrulis @roxannevarza Jarek from @DeepLcom @SarahKerruish @arthurmensch @andreascleve @kbeguir & @OpenAI's Mira Murati https://www.stateofeurop…
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@leokelion
Leo Kelion
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Atomico's latest State of European Tech is out - and it features a new view interview with @miramurati by @Bryce_Keane https://stateofeuropeantech.com/
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@andrewjb_
Andrew Bennett
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regulation & geopolitical risks = key challenges facing European tech, according to @atomico State of European Tech 👀 @formventureshq
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@eleanork_newton
Eleanor Kaye
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Last night, I was invited to a sneak peak of The 2023 State of European Tech Report capturing the resilience of EU tech. It's LIVE this morning and I shall be having a read. Huge thanks to those who worked hard to put it together. @HSBCInnovation @atomico @Orrick [image]
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@robinwauters
Robin Wauters
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“According to the report, Europe is on track to raise approximately $45 billion in capital this year. While this figure is a notable decrease from the heady days of 2022's $82 billion and 2021's record $100 billion, this year's number is the third-highest figure on Atomico's... […
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@johnthornhillft
John Thornhill
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Interesting chart from State of European Tech report from @atomico [image]
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@afitzgerald1992
Alexander Fitzgerald
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My top graphs from @atomico's State of European Tech 2023. [image]