December 8, 2023

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not dead yet: The same is true of the UK’s ability to attract venture capital and the promise of self-driving cars. — anna

still leading

Venture capital firm Atomico predicts that the amount of venture capital invested in European startups this year will be 52% lower than in 2021. I’ve written about these findings, but we haven’t revealed a key nuance of the information: the difference between the two countries.

Despite the slowdown across Europe, Atomico noted that capital investment data from Dealroom and Crunchbase for the first half of the year showed a steeper year-on-year decline in the UK than in other major European countries.

Compared with France and Germany, which will fall by 55% and 44% respectively in the first half of 2022, the UK will fall further: 57%.