Dealroom – Europe VC, 3Q 2023

According to Dealroom's report, Europe's tech ecosystem now has a total value of $3.4 trillion. In terms of global venture capital (VC), Europe's share has reached a record high of 19% in 2023, a significant increase from 13% in 2013. Additionally, Europe's share of global early-stage VC has also hit a record high at 24% in 2023. This indicates that Europe is gradually narrowing the gap with the United States in terms of early-stage investment. Overall, Europe's tech scene is thriving and becoming a more attractive destination for VC investment.