European crypto funding hits a high

VC investment on the up in Europe but down globally, new report finds

European VC investment in crypto start-ups reached an all-time high of $5.7 billion (€5.19 billion) in 2022

European VC investment in crypto start-ups reached an all-time high of $5.7 billion (€5.19 billion) in 2022, while global and US venture funding in the space contracted.

New data from Dealroom shows European companies accounted for 20 per cent of all early-stage crypto start-up funding last year. However, while Europe holds its weight in early-stage company funding, US companies dominated funding rounds of $100 million or more.

More than half of the total investment in European ...