levels

New report confirms Europe’s tech investment doldrums, but there are signs of lifeEurope 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, historically speaking, and reached $60 billion, according to a new report. 2023 marked a reset and major correction in investment levels globally. According to the report, Europe is sitting on “record levels of dry powder” and “producing more new founders than the U.S.”, funding remains slow. Climate Tech overtook FinTech as Europe’s most popular sectorAI’s share of total investment in Europe soared to a record high of 17%5.