It's been a very slow start to the year, both in terms of the number of investments, but also the total amounts raised. The trend that started at the top of the year appears to be continuing through February 2023. Even though February is the shortest month of the year, the trend of lower investments compared to the first month, and in general, compared to the same period last year, is evident.
The Tech.eu research team tracked 374 deals in February 2023 and noted that €3.6 billion was collected.
This amount is slightly lower than in the previous month (for about 25% compared to January 2023) but significantly lower than in the same month the previous year (in February 2022 European tech companies collected €12.7 billion through 436 deals which is the drop of around 72% in February 2023!).
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