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Why 45% of government-backed startups can't raise private funding

EUVC · EUVC Live at GoWest | The Case for a United European LP...

“There's another ratio that might be less nice and that's the fact that 45% is at least the number I've seen reported.”

37:23 / 37:49

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There's another ratio that might be less nice and that's the fact that 45% is at least the number I've seen reported. You might want to correct me on that. Actually do not get VC funding to match your grants. Can you talk a bit about the what's going wrong, so to say? Why is it that there are companies that are backed by the EIC that the private markets then do not go in and back?

About this clip

A discussion about the concerning statistic that 45% of companies backed by the European Innovation Council (EIC) fail to secure follow-on venture capital funding. The speaker questions what's going wrong in the handoff between public grants and private markets, highlighting a potential gap in Europe's startup funding ecosystem.

Why this clip

This reveals a critical inefficiency in European startup funding where nearly half of government-selected companies can't attract private investment.

37:23 - 37:4926smarket insight
eic-fundingpublic-private-fundingeuropean-startups

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