European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ, the lowest level since $13.4B in Q4 2020; $8.6B went to late-stage startups (Gené Teare/Crunchbase News)
Gené Teare / Crunchbase News:
European venture capital funding totaled $16B in Q3, down 44% YoY and 35% QoQ, the lowest level since $13.4B in Q4 2020; $8.6B went to late-stage startups — European venture funding for third-quarter 2022 continues to fall, sliding to its lowest point in nearly two years as early-stage investment shows clear signs of weakness.