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New report confirms Europe’s tech investment doldrums, but there are signs of life
Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared to pre-pandemic levels, VC investment Europe is suffering from a big hangover after the tech investment party of the 2020-2021 period. That said, compared to pre-pandemic levels, VC investment in European startups is up over the last year, and reached $60 billion, according to a new report. However, the anomaly of the surge in investment over the pandemic stands in marked contrast to that growth and has created significant headwinds.
However, the anomaly of the surge in investment over the pandemic stands in marked contrast to that growth and has created significant headwinds, even though there are signs of ‘green shoots’. Global law firm Orrick analyzed over 350 VC and growth equity investments its clients completed in Europe last year. Orrick found that investors — emboldened by the downturn in funding — are ‘turning the screws’, exercising greater control over investments, with founders being required to stand behind warranties in 39% of venture deals.
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