Funding down, exits muted, and valuations flat in rough quarter for European startups - The Fact Factory

Post Top Ad

Tuesday 16 May 2023

Funding down, exits muted, and valuations flat in rough quarter for European startups


It’s been a rough start to 2023 for European startups. In the first quarter of the year, dealmaking decelerated, valuations flattened, and exits remained subdued, according to new research. Analysts from PitchBook, a financial data firm, found that investor priorities have shifted from growth at all costs to profitability. After a boom in VC activity that trickled into early 2022, reports of lower growth rates, workforce reductions, and tougher funding conditions have emerged. As a result, due diligence processes have lengthened, with revenues, valuations, and runways under heightened scrutiny. Nalin Patel, the report’s author, noted that investors across the board…

This story continues at The Next Web

No comments:

Post a Comment