European tech funding stalls in 2024 but IPO window to open: Report

Funding for European technology startups in 2024 is set to stall slightly below last year’s level but a window for new listings is opening again, an industry report by venture capital firm Atomico said on Tuesday.

Europe has more than 350 companies valued over $1 billion. However, over the past decade only 15 European countries have seen initial public offerings of over $1 billion, with almost half of them in Britain, data collected by Atomico showed.