ScienceTech.euabout 1 hour ago
Antler: Europe's Unicorn Boom Masks Early-Stage Funding Crisis
5 min read
Antler research shows Europe's 33 rocketship unicorns, founded after 2020, reach $1B valuations in 2 years on average, attracting US Tier 1 VCs. However, pre-seed, seed, and Series A deals have fallen 38%, 41%, and 45% since 2021, with the Seed-to-Series A conversion rate dropping to 9.3% in 2023.
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