Joseph Michael has written an overview on the 2022 VC funding of Nordics. The Nordic startup ecosystem is booming with venture funding and tech exits on the rise.
In 2022, the total venture funding amount in the Nordics reached $10.6 billion, representing a 33% decline compared to 2021. However, the number of funding rounds only declined by 7%. On the other hand, the total exit amount in 2022 was $25.9 billion, representing a 42% decline compared to 2021. Furthermore, there were 10 new tech unicorns, bringing the total number of unicorns in the Nordics to 64. With a supportive regulatory environment, access to capital, and a strong pool of talent, the Nordics are well-positioned to continue producing successful tech companies in the future.
Full Story: HERE (LikedIn)
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