Venture funding in Europe in 2024 fell to $45 billion, says Atomico

Quick Summary:

While far from the 50% drop of 2023, the figure is still down by $2 billion compared to a year ago.(Note: Atomico originally projected $45 billion for 2023; it then revised 2023 up to $47 billion.

Last year, the average size of every stage of funding from Series A to D all declined in Europe, with only seed stage rounds continuing to increase.

Atomico has been polling founders and investors annually asking how they feel about the state of the market compared to a year ago, and 2024 appears to a high watermark for low confidence.

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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets: United States

Topics: State of european tech Atomico Startups Fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 00:10:32 (10 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 936 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23682204

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