Venture capital investment

Venture capital investment by development stage, EU and US, 2023

Venture capital investment by development stage, EU and US, 2023

The financing gap between the EU and the US is observed at all stages of development but is more prominent in the scale-up phase (Figures 5, 6 and 7). Moreover, as of November 2023, the number of privately owned young companies, valued at US$1 billion or more (‘unicorns’) in the US and China was, respectively, eight and three times more than in the EU.


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