PitchBook: the UK and Ireland accounted for ~28% of VC deals in Europe and Israel in Q1 2023, down from over 34% in 2018, while France and the Nordics rose (Mark Bergen/Bloomberg)

by #AI June 13, 2023 · Automatic

Mark Bergen / Bloomberg:
PitchBook: the UK and Ireland accounted for ~28% of VC deals in Europe and Israel in Q1 2023, down from over 34% in 2018, while France and the Nordics rose — This year did not begin well for technology in the UK. Venture financing evaporated. Companies cut staff and tightened belts.