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The same applies to the UK’s ability to attract venture capital dollars, as does the promise of self-driving cars. — A-N-A
More leading
Venture capital firm Atomico predicts that the amount of venture capital invested in European startups this year will be 52% lower than in other countries by 2021.
Atomico noted that despite a slowdown across Europe, dealroom and crunchbase data on capital invested in the first half of the year showed a sharper year-on-year decline in the UK than in other leading European countries.
Compared to France and Germany, where registrations in the first half of 2022 are 55% and 44% lower respectively, the UK has fallen further: 57%.
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Jane Austen is a writer and contributor covering culture, literature, lifestyle, and society. Her work focuses on thoughtful storytelling, social trends, and the issues shaping everyday life, delivering engaging and accessible content for readers across the United Kingdom.
