New hope for European tech? VC funding rises to $29B in first half of 2024
Whisper it, but startup funding is showing signs of a rebound. Venture capital investment in Europe has risen by 12% so far in 2024, according to Dealroom. By June, the financing for startups and scaleups had reached $29.3bn. If the current spending rate continues, this year will become third-most active ever for VC in the continent. The leading industry for investment is energy, which raised $5.6bn during the first half of 2024. This continues a trend from last year, when energy companies topped the funding charts in every quarter. There have been shifts, however, in the sector’s biggest targets. Hydrogen companies…This story continues at The Next Web
Whisper it, but startup funding is showing signs of a rebound. Venture capital investment in Europe has risen by 12% so far in 2024, according to Dealroom. By June, the financing for startups and scaleups had reached $29.3bn. If the current spending rate continues, this year will become third-most active ever for VC in the continent. The leading industry for investment is energy, which raised $5.6bn during the first half of 2024. This continues a trend from last year, when energy companies topped the funding charts in every quarter. There have been shifts, however, in the sector’s biggest targets. Hydrogen companies…
This story continues at The Next Web