Analysis

December 29, 2023

CEE startups in 2023: the funding drought and the turn towards profitability 

CEE founders have struggled to fundraise in 2023 and VCs are cautious, but there have been several impressive rounds in the region


Zosia Wanat

4 min read

Warsaw city centre

At a founders' meet-up in Warsaw in early December, talk turned to how everyone felt about 2023. It was like running a marathon, said one. A marathon with a finish line that constantly moves, added another. With hurdles, chipped in a VC. On a bike, added a founder. 

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Zosia Wanat

Zosia Wanat was a senior reporter at Sifted. She covered the CEE region and policy. Follow her on X and LinkedIn

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