6th February 2017
Europe’s start-up ecosystem has grown by leaps and bounds in the last decade. Yet it risks being choked by the lack of later stage financing for Europe’s tech industry, which has hardly budged in five years.
The result is a yawning, and growing, chasm between the number of ‘grown up’ European tech companies eligible for late stage growth money, and the capital available in Europe to back them.
We believe it is already hurting growth prospects for European tech, while opening a hugely valuable gap in the funding market, which new funds could fill profitably....