1991 Ventures’ Post

Dive into the latest industry insights with the Tech.eu H1 2024 Report 🔥 1991 Ventures had the honour of contributing to this report with the foreword, where we share insights on the evolving European tech landscape and the role of CEE startups. Here are some key takeaways from the report: ▪️ The fundraising game has changed completely. In the first half of 2024, European tech companies raised €50.1 billion over the course of almost 2000 deals. That's nearly twice what was raised in the same timeframe last year. This is clear evidence of the vibrant and evolving tech landscape in Europe. ▪️ Sustainability is no longer just a buzzword; it's leading the investment charge. Clean technology led the investment, with €12.9 billion raised, showcasing Europe's commitment to sustainable innovation. Key players like Northvolt and H2 Green Steel are spearheading green energy and technology efforts. ▪️ When it comes to where the action is, Sweden and the UK are still holding strong tech hotspots. In H1 2024, Swedish companies led with €12.7 billion over 89 deals, while the UK secured second place with €11.7 billion from 455 deals. For anyone connected to tech, this report is gold. It sheds light on funding trends, sectoral shifts, and how different regions are stacking up. Check the report via the link — https://lnkd.in/dqqmAFzA 

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