Sifted’s Post

Estonia leads the world in #VC funding relative to GDP. Here's how a country of 1.3M people became Europe's most impressive #tech hub, according to Atomico's State of European Tech report.

European Tech: Growth, Challenges, and Future Prospects The Atomico State of European Tech Report 2024 reveals: Key Highlights: - European VC funding projected to dip to $45bn in 2024. - Early-stage rounds suffer, IPO market remains bleak. - Gender funding gap widens. - Venture debt reaches record high ($4.7bn). - Europe-US funding gap persists. - Startup numbers quadruple since 2015. Positives: - European tech sector to create 15m new jobs. - Worth $8tn by 2034. - First $1tn tech company predicted. Challenges: - Funding drops across major ecosystems (UK, France, Germany). - Sweden's funding plummets from $5.2bn to $2bn. - Netherlands bucks trend with 39% funding increase. Founder and VC Sentiment: - 40% less optimistic about European tech's future. - 34% more optimistic. What are your thoughts on European tech's outlook? Share insights! #EuropeanTech #StateOfEuropeanTech #VCfunding #StartupEcosystem #Innovation #Growth

The Atomico State of European Tech report is out now ⤵️   ·      Since 2015, European tech companies have raised a cumulative $426 billion, ten times the amount raised in the previous decade. ·      European tech investment is projected to reach $45 billion in 2024, comparable to the $47 billion secured last year.   Eric de Montgolfier, CEO of Invest Europe: "Innovation is the heartbeat of Europe’s future. Venture capital plays a vital role in fostering startups that tackle global challenges, drive the energy and digital transitions, and secure Europe’s position on the global stage."   Get the report, including data from Invest Europe: https://lnkd.in/dbM_9ck2   #PrivateEquity #VentureCapital #Infrastructure #SOET #EuropeanTech

Foreign investors active in Israeli tech plummet by 23%: Troubling trend or temporary setback? In the six months since the outbreak of the war, the number of foreign investment entities active in the country plummeted, and the number of foreign VC funds investing also dropped by 20%. RISE Israel (formerly SNPI)

Despite hitting a four-year low amid a global VC downturn, Africa‘s tech ecosystem shows resilience. Key sectors like climate tech and fintech continue to attract significant investment. To thrive, startups must focus on robust business models and scalability. Collaboration, strong networks, and internal alignment are crucial for navigating this funding landscape. #TechFunding #AfricanStartups #Innovation #VentureCapital #BusinessGrowth #Sustainability

Yesterday, I had the privilege of sharing our research (much of it proprietary) with ynet about the decrease in foreign capital entering #Israel, signaling a crucial moment for the country’s economic outlook. Varana Capital is actively working to boost capital inflow into Israel. Our Chai Fund, the largest opportunity fund as of October 7, has already raised $30 million and growing. We are collaborating with foreign and local #investors to further our cause. Discussions with the Israeli Innovation Authority and government-backed entities are ongoing to explore innovative strategies to attract investors to Israel. Having visited Israel multiple times since October 7, I can attest to the abundance of promising #investment opportunities. Investing in the Chai Fund is a chance to make a real impact on Israel’s community and economy, safeguarding its position as a global innovation leader. Read more in the article below and reach out if you're interested in joining us in this important endeavor! https://lnkd.in/gKsgqwGV #Israelitech #startupnation #venturecapital #nomatterwhat #israel

As part of the stimulus program, the Israeli government will be investing over NIS 800 million in a new Yozma fund to encourage institutional investment in local venture capital funds. This initiative aims to expand funding availability, increase the share of local capital in the Israeli high-tech sector, and reduce dependence on foreign capital. ...This fund has two primary goals: to promote the creation of new startups focused on deep tech, and to develop new and large ventures in Israel in collaboration with major international financial bodies. The selected winner of the startup fund tender will receive a grant of up to NIS 40 million over a period of five years. #venturefunding #profitmargin #macroeconomics Source: https://lnkd.in/d7e-wBXs

What are the topics of our upcoming Central Eurasian Venture Forum 2024? 😎 We plan to discuss various topics and trends in the field of IT and startups. Here are some major one: “In Search of the Future Unicorn”: We explore the journey of startups aiming to become the next unicorn in the industry. What does it take to achieve this status, and what are the challenges along the way? “Potential of emerging markets”: We'll discuss the best cases of emerging worldwide markets and industry dynamics. Best speakers and experts will share their firsthand experience working in developing fields. “Green Revolution: Investing in a Sustainable Future”: we will discuss the opportunities and challenges of investing in sustainable initiatives. From renewable energy to eco-friendly innovations, learn how investors can contribute to a greener future. “The Future of Fintech: Innovation, Transformation, and Opportunities”: our experts will talk about the latest innovations, transformational trends, and growth opportunities in the fintech sector. “Central Asia – Venture Investor Market”: What are the role of government structures, foreign funds, and local initiatives in fostering investment and market development in Central Asia? Discover these topics deeply with us on the forum. Buy the tickets on the website https://lnkd.in/e5zkKTuF #CEVF #CEVF2024 #MOST #MOSTEcosystem #MOSTVentures #forum #CentralEurasia #венчур #стартап #ЦентральнаяЕвразия #центральнаяазия

Europe's tech sector is witnessing a resurgence as firms like @Creandum, @Accel, and Plural unveil significant new funds, signalling robust market growth. #EuropeanTech #VentureCapital #InvestmentTrends

The beauty of the African tech investment landscape is, it's so promising! Despite the headwinds, techpreneurs across the continent persistently demonstrate substantial capabilities and opportunities, not only for the international VCs but also the regional ones. So what is impeding this growth? Read my thoughts here.