Published: Mar 19, 2024, 06:40 IST | Updated: Mar 19, 2024, 06:40 IST
European startups are facing a funding crunch. Venture capital funding in the region has plummeted by over 50% in the past two years, dropping from $130 billion in 2021 to $62 billion in 2023. This funding shortfall is forcing many young companies to get creative with their financing strategies.