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Venture funding in Europe is declining faster than in the US — but causing much less panic

TechCrunch LogoTechCrunch1w ago

Venture funding in Europe is declining faster than in the US — but causing much less panic

Quick Summary

The U.S.has seen monthly funding drop 36.7% through the end of May, while Europe saw a decline of 50% in the same period.

But it doesn't feel like the European market is in nearly as much of a panic.

Based on figures from the first two months of the second quarter, June looks likely to continue the slide.


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Article Details

Author / Journalist: Rebecca Szkutak

Category: Startups

Topics: Corporate finance EC News Analysis Private Equity EC Europe Entrepreneurship Startup company Venture Capital United States Labor Finance Europe EC venture capital Startups Klarna Valuation Unicorn Economy Getir Venture capital Gorillas TC

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-16, 20:00:17

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Reading Time: 1 minutes read

Article Length: 179 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 401

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