The UK hasn't misplaced its enchantment for enterprise capital
[ad_1]
W
elcome to the TechCrunch Alternate, a weekly startups-and-markets publication. It’s impressed by the day by day TechCrunch+ column the place it will get its title. Need it in your inbox each Saturday? Join right here.
Not useless but: That is true each of the U.Okay.’s capability to draw enterprise capital {dollars}, and of the promise of autonomous vehicles. — Anna
Nonetheless main
VC agency Atomico initiatives that the quantity of enterprise capital invested in European startups this 12 months might be 52% decrease than in 2021. I already wrote about these findings, however there’s a key nuance to the data that we haven’t unpacked but: discrepancies between international locations.
Whereas the slowdown is seen throughout Europe, Atomico famous that Dealroom and Crunchbase knowledge on capital invested in the course of the first half of this 12 months exhibits a steeper year-on-year decline within the U.Okay. than in different main European international locations.
In comparison with France and Germany, the place tallies are respectively 55% and 44% decrease than in H1 2022, the U.Okay. fell additional: 57%.
[ad_2]
