

The most recent quarter/year will increase over time relative to previous quarters. Note that data lags are most pronounced at the earliest stages of venture activity, with seed funding amounts increasing significantly after the end of a quarter/year. The data contained in this report comes directly from Crunchbase, and is based on reported data. Crunchbase Pro queries relevant to this article venture markets who raised record funds in recent years and set up shop in Europe. Median and average fundings from Series B onwards declined.Įuropean venture firms have continued to raise record funds into 2022 including Northzone, Felix Capital, LocalGlobe, Creandum alongside settlers from the U.S. In the meantime median and average seed and Series A funding have held up compared to 2021 amounts. While overall funding is down from the peak in 2021, European startups still garnered funding amounts above 2020 quarterly totals. It’s been a chilly time for unicorns all around: Buy now, pay later payments provider Klarna shed $39 billion in value in the second quarter and dropped off the list of the top 10 most highly valued private companies. Payments company Satispay, which helps consumers and merchants avoid fees from traditional credit card providers, is the fourth European company to become a unicorn. Also new to the board is sustainable blockchain provider 5ire headquartered in London.

Only four companies from Europe joined The Crunchbase Unicorn Board this past quarter, compared to 21 new European unicorns in the second quarter of 2022.Ĭryptocurrency companies 21.co from Zurich and Copper from London joined the list. Freelance Writers: How To Pitch Crunchbase News.
