With deal flows always having a lag between action and announcement, the beginning of this year was, slow, at best. However, as we enter Q2 there's been somewhat better indicators that the European tech ecosystem is alive and kicking.
According to the Tech.eu database, European tech companies raised €5.3 billion over 412 deals throughout March 2023. These numbers might be promising, particularly when compared to the previous month when European tech companies raised (only) €3.6 billion through 374 deals (which shows a 47% increase in March 2023).
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