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European Startup Funding to Drop a Further 39% This Year as Tech Rout Continues

Funding for Europe’s venture-backed startups is forecast to decline from $83 billion in 2022 to $51 billion in 2023, Atomico said.

Over $400 Billion Has Been Erased From the Value of Europe s Tech Industry This Year

The combined value of all public and private European tech firms has fallen from to $2.7 trillion from a peak of $3.1 trillion in late 2021, a new report says.

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