
European startups got a bigger slice of a bigger venture funding pie in the first half of 2021.
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Venture funding to startups in Europe totaled an unprecedented $59 billion, Crunchbase data shows, up from $18.5 billion for the first half of 2020 and $24.5 billion for the second half of that year.
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For the first half of 2021, European startups captured 20 percent of global capital, up from around 13 percent to 14 percent since the first half of 2019.
The lion’s share of funding was invested in late-stage venture — Series C and beyond funding rounds — and private equity into venture-backed …