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Coronavirus threatens flow of US capital into European tech startups


European companies may struggle to raise capital from US venture capital funds as a result of the coronavirus (COVID-19) pandemic. That’s according to Pitchbook’s latest research on the pandemic’s impact on the European venture capital market, which notes how the epicenter of the outbreak has shifted from Europe to the US. As a result, US investors could place more emphasis on inward domestic investment as opposed to eyeing opportunities in Europe. “We may see fewer and smaller deals with US participation close,” the report says. [Read: What’s venture capital and why does it matter for startups?] But it’s not all…

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