1、EUROPEANVenture ReportQ320222ContentsPitchBook Data,Inc.John Gabbert Founder,CEONizar Tarhuni Senior Director,Institutional Research&EditorialDylan Cox,CFA Head of Private Markets ResearchInstitutional Research GroupAnalysisNalin Patel Lead Analyst,EMEA Private CNicolas Moura,CFA Analyst,EMEA Privat

2、e CPublished on October 31,2022Click here for PitchBooks report methodologies.DataCharlie Farber Senior Data Analyst Oscar Allaway Associate Data APublishingReport designed by Drew SandersQ3 2022 EUROPEAN VENTURE REPORTIntroduction3Overview4VC deals by region and sector7Nontraditional investors8Spot

3、light:UK&Ireland10Exits12Fundraising163Q3 2022 EUROPEAN VENTURE REPORTINTRODUCTIONIntroduction European VC deal value through Q3 2022 kept pace with deal value in 2021,despite tribulations across economies and financial markets.While pace throughout 2022 YTD kept up with 2021,Q3 has delivered the de

4、cline in dealmaking activity many analysts anticipated this year.We believe capital efficiency,rather than growth at all costs for late-stage investments,has established greater importance in recent months and expect this to continue until 2023.Reports of valuation haircuts,down rounds,and cost cutt

5、ing have been reported,and we anticipate late-stage investors and companies will explore different funding options and display increased prudence to extend funding runways.We believe startups that are several years away from an exit will continue to attract capital in the current market.VC deal valu

6、e with nontraditional investors was in line with 2021s record figure.Despite markets entering correction territory globally,nontraditional investors have continued to participate in VC rounds.With overall deal value falling in Q3,and anticipated to flatten further,we believe nontraditional investor