• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Entrepreneurs at start-up show hopeful funding bottlenecks ease in 2025

by November 20, 2024
written by November 20, 2024

By Supantha Mukherjee and Anne Kauranen

HELSINKI (Reuters) – Tech entrepreneurs and investors meet in Finland on Wednesday at Slush, one of Europe’s largest start-up events, with a focus on whether funding conditions will ease, the impact of Donald Trump’s election victory and the prospects for AI-driven growth.

Slush, which gets its name from November Finnish weather, gives an opportunity for venture capitalists and start-up founders to compare notes to see whether funding can buck the trend of three years of slowdown and whether firms can follow the likes of Klarna and Revolut into initial public offerings.

“Looking ahead, there are reasons for cautious optimism. AI continues to attract significant investment – nearly $40 billion globally in 2023 – showing confidence in its transformative potential,” Slush CEO Aino Bergius told Reuters ahead of the event, due to be attended by 13,000 people.

One of Europe’s largest venture capital firms Index said the two-day event came “amid a streak of optimism” in European tech, driven by investment in AI.

“There is a lot of capital in the market, and we can feel that it is being actively deployed,” Anastasija Plotnikova, CEO of crypto startup Fideum, said.

Meanwhile, some of the startups headed to the event were more cautious over a turnaround.

“While I hope to see some stabilisation in funding conditions next year, I remain cautious,” said Mathilda Strom, founding chief operating officer of Bioptimus, a company developing a foundation model for biology, citing economic uncertainty and higher interest rates.

Funding to emerging tech companies in 2024 is set to have fallen for the third year in a row, but a window for new listings is opening again, venture capital firm Atomico said in its industry report on Tuesday.

However, Francesco Ricciuti, a deeptech VC investor, at Runa Capital, said the fallout from the U.S. election could have a negative impact on the industry if Trump’s promise to impose potentially hefty tariffs on a swathe of goods was realised.

“Tariffs will play a pivotal role as supply chains in many technological sectors are deeply interconnected and fragile,” Ricciuti said.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Exclusive-Inditex boosts fast fashion flights from India to avoid shipping delays
next post
China’s Xpeng says no impact from US curbs on its Turing AI chip output

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Lawyer group urges overhaul of US bank charter...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Trump implies government could cut contracts and subsidies to Musk’s companies

      June 7, 2025
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (505)
    • Stock (6,426)

    Latest News

    • Trump implies government could cut contracts and subsidies to Musk’s companies
    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

    Popular News

    • China December new home prices rise a touch faster, survey shows
    • Blackstone nears deal for Jersey Mike’s Subs, source says

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy