This time last year, the European venture community was celebrating a record year of investment, which topped €100bn for the first time. It was perhaps inevitable that 2022 would fail to match up.
Yet, if you take 2021 out of the equation, this year would still have been a record, with funding levels incredibly totaling more than 2019 and 2020 put together. Plus, in many ways, the current reset is a positive development for the European tech scene, driving entrepreneurs and investors to take stock and focus on the most promising ideas while prioritizing business fundamentals over ‘growth at all costs.’
Despite the current downturn, opportunities