Despite stagnant investment activity in Q2 2023, early-stage SaaS startups in Europe will see a funding increase, AlbionVC’s index finds.Despite stagnant investment activity in Q2 2023, early-stage SaaS startups in Europe will see a funding increase, AlbionVC’s index finds.
In the second half of the year, early-stage European SaaS companies will see a significant funding increase across Series A and seed rounds. That’s according to the aVC index, a new monitoring tool developed by London-based AlbionVC and Google Cloud.
The aVC index is based on an anonymous survey of 40 investors, who are actively deploying capital into the European ecosystem at seed, Series A, and Series B stages. The respondents expect to invest £2.4bn (€2.8bn) early-stage SaaS startups by the end of the year.
The projected recovery follows stagnant investment activity in Q2 2023.
