In Europe, the venture capital story so far in 2023 has mirrored that of the U.S.: Funding is down, way down. Yet startup scenes in cities like Berlin are continuing to grow over recent years, and some local VCs are optimistic that after the recent slump, booming growth can resume once more. Soon, they hope.
I’m in Berlin this week and took the opportunity to catch up with a couple of Berlin-based VCs in the Mitte neighborhood (which houses many of the city’s VC shops) to get a better sense of what investing in Europe, and in particular, Berlin, looks like right now.
