It is no secret that European techfundinghas seen an alarming decline throughout the past 24 months.
Thankfully, there are still some bright spots.
US participation in European deals has also dropped, according todata from Pitchbook.
In July, American participation in VC deal value was down 69% year-on-year.
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Furthermore, the generative AI gold rush is spurring optimism for software startups in the field.
We are here for it.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
Dabbles in gaming and fitness wearables.
But first, coffee.
