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Home»Tech News»Did no one tell Europe the party is over? – DailyTech
Tech News

Did no one tell Europe the party is over? – DailyTech

July 20, 2022No Comments1 Min Read
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Did no one tell Europe the party is over? – TechCrunch
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Apparently not, if enterprise capital exercise on the continent is any indication

Alex Wilhelm

Anna Heim

7 hours

Did nobody inform European enterprise capitalists and startup founders that we’re speculated to be on the cusp of a worldwide recession?

With startups and VCs all heralding the doom of funding exercise internationally, you’d assume a market as massive as Europe could be affected fairly a bit. However European enterprise capital exercise fell solely barely within the second quarter from the previous three months. What’s extra, enterprise totals on the continent remained sturdy, leaving it with a stronger-than-expected startup fundraising outcome for the primary half of the yr.

From a macroeconomic perspective, we now have no scarcity of causes to fret about Europe right this moment. The Russian invasion of Ukraine, slowing world GDP progress, inflation considerations, and tightening central banking insurance policies are trigger for concern, to select a couple of points. So why have been European enterprise outcomes so robust?


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See also  Meta invests in Take App, a Singaporean startup that helps merchants sell via WhatsApp – DailyTech
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