#billion down year

Funding to Europe-based startups settled year over year in 2024. Funding reached $51 billion, down by 5% year over year from $54 billion invested in 2023, Crunchbase data shows.

Funding to European startups reached $52 billion in 2023, down 39% year over year from 2022, Crunchbase data shows. However, the continent's share of the venture capital ecosystem has increased since 2021.