Discover the top VC locations in Europe for funding, startups and jobs

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It gained’t be a shock to anybody working within the tech business that in relation to the share of the enterprise capital (VC) funding pie, the U.S. takes a lot of the slices––and the cherry on prime.

Most individuals are properly conscious additionally that funding has slowed down lately; a fruits of a number of components together with the truth that markets for preliminary public choices and mergers and acquisitions have floor to a halt.

Consequently, VC funding within the U.S. solely reached $235 billion in 2022, a 35% drop from 2021 which has been thought-about as a little bit of an outlier by way of funding.

The slowdown isn’t simply affecting the States. In line with KPMG’s Pulse of Fintech report, it’s a international difficulty, with complete funding and the variety of offers dropping from $63.2 billion throughout 2,885 offers within the second half of 2022, to $52.4 billion throughout 2,153 offers within the first half of this yr.

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This doesn’t imply the information for startups and scaleups is all doom and gloom. America continues to be a thriving ecosystem for startups and entrepreneurs, with specific cities and areas such because the Bay Space, New York Metropolis and Boston, performing the most effective.

London and Berlin lead

So what about Europe? In line with Pitchbook’s International VC Ecosystem Rankings, London and Berlin are the one two European cities which made it into its prime developed ecosystems. 

London was the one European metropolis to interrupt into the highest 10, in seventh place, and Berlin got here in sixteenth place.

London’s dominance is well-established. In line with John Hallsworth, shopper lead associate for banking and fintech at KPMG UK, “Regardless of a slowdown in UK fintech funding in comparison with final yr, the UK stays on the centre of European fintech innovation with British fintechs attracting over half the funding of Europe.”

Berlin, too, performs properly. The EY Startup-Barometer for Germany says that of the €9.9 billion Euro in enterprise capital that flowed into German startups this yr, nearly €4.9 billion went to startups within the metropolis.

Many different EU places

Effectively-established each cities could also be, however there are many different European places nipping at their heels by way of the startup ecosystems. 

Take Barcelona for instance. Apartool, a number one B2B supplier of company housing options which is predicated within the Spanish metropolis, lately introduced the closing of a Collection A spherical, valued at €5.5 million.

In Lisbon, the newest residence of the Internet Summit, tech firms landed $571m in funding in 2022, in accordance with Dealroom. Curiously, that made it one in every of just a few international locations to out-perform its 2021 quantity, when it raised $356m. 

In Amsterdam, the capital boasts 45% of all Dutch-funded ventures, and in accordance with the 2023 International Startup Ecosystem Report, it’s residence to about 4,000 startups which make use of 196,000 folks.

European tech employees searching for a location change may also take into account Stockholm, Tallinn, Paris, Madrid and Munich, all of which have thriving startup ecosystems––and jobs.

If you happen to’re eager about trying out profession alternatives in established firms and startups throughout Europe, then take a look at the Silicon Canals Job Board. It options hundreds of job openings throughout the bloc, together with the three under. 

AI Backend Software program Engineer, Intel, Amsterdam

Intel is searching for an AI Backend Software program Engineer to be a key participant in growing synthetic intelligence merchandise, primarily the server, which is carried out in a microservice structure. As part of Intel’s scaling up-process, it wants assist in growing and sustaining the server platform which permits many deep studying capabilities.

You’ll be designing and growing new options within the system, sustaining and guaranteeing the standard of the SDK and analysing code effectivity and performing code optimization.

To be eligible, you’ll should be proficient in Go, Python, MongoDB, PostgreSQL, Git and Linux, with ample skilled expertise in software program improvement on Python. See what else you’ll want right here.

Software program Developer, Visier Options Inc, Berlin

Visier, the chief in folks analytics, is searching for a wise, passionate, and proficient Software program Developer to affix its Berlin group to advance this expertise, which is essentially altering the best way enterprises handle their workforce.

You’ll construct merchandise that assist companies develop complete rewards methods and implement them, develop the expertise core of actually modern high-performing, cloud-based functions within the area of complete rewards and knowledge analytics, and supply modern concepts to enhance options, product, expertise, and/or course of.

You’ll want wonderful coding expertise in no less than one object oriented server programming language (Unix atmosphere), in addition to wonderful data of information constructions and algorithms. See extra about this function right here. 

Senior Backend Engineer (Kotlin) – POS, SumUp, Paris

International fintech participant SumUp is searching for a Senior Backend Engineer (Kotlin) – POS to work on its SumUp POS. You’ll design and implement high-scale back-end providers primarily based on buyer wants, use modern strategies like Occasion Storming to design back-end providers, keep and evolve the POS ecosystem and take part in API design and implementation, amongst different duties.

If in case you have delivered JVM-based providers for no less than 5 years and you might be able to work with Kotlin each day, have expertise with distributed programs and event-driven structure and expertise with SQL and NoSQL databases, this may very well be a terrific match. Discover out extra now.

Discover your subsequent function right now on the Silicon Canals Job Board