Analysis

August 8, 2022

Are we in a downturn? What the data tells us about European tech in 2022

The data shows clear signs that the tech downturn has hit Europe, with deal count dropping and tech company layoffs continuing


Tom Nugent

6 min read

The first half of 2022 rocked the world of tech. A cocktail of Russia’s invasion of Ukraine, rising inflation and poor public market performance has finally started to hit European tech.

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Tom Nugent

Tom Nugent is Sifted’s managing editor. He covers robotics, chips and university spinouts. Follow him on X and LinkedIn

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