Thats according to the latestreportby PitchBook analysts, who ranked globalVCecosystems based on their development and growth level.
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These include lower valuations, smaller rounds, and lower exit value, especially compared to the US.
One reason could be the infancy of the VC ecosystem in Europe compared to the rest of the world.
Another factor could be that Europe is more fragmented with smaller ecosystems spread across the continent.
These are Lyon, Prague, Vienna, Utrecht, Dublin, Amsterdam, and Barcelona.
It is followed by Singapore and the United Arab Emirates.
Eight more European countries make the list, with Austria ranking fourth and Ireland ranking sixth.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
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