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european tech funding declines but shows signs of stabilization and growth

Venture capital investment in European tech startups is projected to decline for the third consecutive year, with expectations of $45 billion in funding by the end of 2024. Despite this, the sector shows signs of stabilization, with improved valuations and falling interest rates. Key reforms, particularly in pension fund investments, could unlock billions for European scale-ups, potentially leading to the continent"s first trillion-dollar tech company by 2034.
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