Venture capital investment in Europe decreased by 64% in Q1 2023, with a total of $80 billion invested. Early stage startups that raised large rounds in Q1 include Remp People, Almentor, Tané, and Meshini. Breakout stage investment decreased by 51%, while late stage investment decreased by 71%. Early stage investment accounted for $15 billion, down 32% from the peak. The "unicorn bonanza" is over, with no new unicorns being added in Q1.
