Analysis

November 22, 2023

European tech downrounds hit highest levels since 2014 as valuations continue to tumble

A new PitchBook report found that valuations at the latest stage companies have seen the biggest dips and unicorn deals have dropped off a cliff

The dreaded downround has well and truly taken hold across European VC in 2023. 

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Kai Nicol-Schwarz

Kai Nicol-Schwarz was a senior reporter at Sifted. He covered AI and UK tech.

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