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Open Innovation Day #5 “State of CVC in 2023”

Reading time 8 mn.
Posted on 24.10.23
Mobility insights Open Innovation
Open innovation day Via ID - Mobility Club

This exclusive Mobility Club event aims to provide all the insights needed to better understand what corporate venture is currently, especially in the field of mobility. This will enable you to make the best decisions for your business activities.

Market Context in Europe :

  • 60% Decrease in Financing in Europe in H1 2023 Compared to H1 2022: The first half of 2023 witnessed a dramatic decrease in investments in European startups. Several factors contributed to this decline, including high-interest rates, increasing inflation, the closure of initial public offerings (IPOs), and an increasingly challenging fundraising environment. Although the downward trend persists, some experts predict a return to venture capital investment growth by 2024.
  • 28% Decrease in the Number of Deals in H1 2023 Compared to the Previous Year: The number of transactions in the startup sector also saw a significant decrease, reflecting the prevailing uncertainty in the European startup market.
  • M&A as the Preferred Exit Option: Despite the decline in valuations, mergers and acquisitions (M&A) remain the preferred option for startups seeking to exit the market. However, it is important to note that exit valuations have also decreased.

The rest of the article is for Mobility Club members.

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