Atomico State of European Tech 2022

Key takeaways

Although 2022 has been a challenging year, particularly in H2, the European innovation ecosystem has proven its resilience.


A Tale of Two Halves

2022 was a tale of two halves which saw a shift from record-breaking investment levels to a historic downturn*


Investments to Reach $85B

Despite challenging conditions, total investment levels in Europe will reach approximately $85b*


Record levels of Dry Powder

A record $84b dry powder is ready to be deployed, which is a promising sign of liquidity in the market*