State of European Tech 2023
European tech ecosystem value bounced back to $3 trillion, recovering the $400 billion that was wiped out in 2022.
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European tech ecosystem value bounced back to $3 trillion, recovering the $400 billion that was wiped out in 2022.
Preliminary H1 2022 fundraising figures for Europe reached €64.5bn, close to the H1 2021 record figure of €66.0bn.
The 2022 wave of the survey gathered anonymised responses from 443 venture capital fund managers across 362 VC firms.
Globally, the scale of crypto assets remains relatively small at $2–$3 trillion, or about 1 percent of total market value of financial assets.
Financial executive sentiment towards open banking increased from 55% in 2019 to 71% in 2021, with 83% agreeing it is a revolution for the industry.
European ecommerce sales are projected by JP Morgan to reach €940 billion by 2023.
Private equity backed portfolio companies created 173,124 net jobs in 2018, achieving an employment growth rate of 5.5%.
European VC-backed companies raised $7.9B across 804 deals in Q4'19.
The 2018/2019 academic year was a record year for spinout exits from UK universities, with sales of spinout company shares totalling more than £61 million, an increase of 37% from 2017/2018.
London has an AI supplier base of 758 companies, 645 of which are headquartered in the capital.