Sahar Meghani discusses VC trends with Sky News, based on Dealroom data
- European startups raised $13.7 billion in Q1 2023, a 5% increase year-over-year, marking consistent growth across four quarters.
- The UK led in funding, surpassing Germany and France combined, with energy tech as the most funded sector.
- 500 companies raised $2 million or more, showcasing strong early-stage activity, while later-stage funding doubled for those raising $100 million or more.
- Investment diversity is higher in Europe compared to the U.S., with significant contributions from Germany, France, and the Netherlands.
- Sectors like fintech, enterprise software, health, and generative AI received substantial investments, although generative AI focused more on tooling than infrastructure.
- Optimism remains for closing the investment gap with the U.S. and continued strong investment through 2024, possibly leading to more IPOs.
