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venture capital investment declines significantly in 2023 across europe
2023 marked a significant downturn in venture capital, with only 715 companies raising €8.3 billion, a 38% drop in value. The GreenTech sector led with €2.7 billion, while Fintech and Internet services saw dramatic declines of 73% and 66%, respectively. France maintained its top position in the EU, widening the gap with Germany, which raised €6.6 billion.