The source defines seed stage as 'funding provided before the investee company has started mass production/distribution with the aim to complete research, product definition or product design, also including market tests and creating prototypes.'
Start up stage as 'funding provided to companies, once the product or service is fully developed, to start mass production/distribution and to cover initial marketing.'
Later-stage financing as 'financing provided for an operating company, which may or may not be profitable.'
Citation formats
Number of venture capital investments in Europe 2023, by stage and region
In 2023, the majority of companies that received venture capital investment in Europe were in the start-up stage. In the United Kingdom (UK) and Ireland, *** companies received investment from venture capital at the start-up stage, compared to *** companies that received investment during the seed stage.
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Invest Europe. (May 24, 2024). Number of companies that received venture capital investment in Europe in 2023, by investment stage and region [Graph]. In Statista. Retrieved May 08, 2026, from https://www.statista.com/statistics/878819/regional-number-of-venture-capital-investments-europe/
Invest Europe. "Number of companies that received venture capital investment in Europe in 2023, by investment stage and region." Chart. May 24, 2024. Statista. Accessed May 08, 2026. https://www.statista.com/statistics/878819/regional-number-of-venture-capital-investments-europe/
Invest Europe. (2024). Number of companies that received venture capital investment in Europe in 2023, by investment stage and region. Statista. Statista Inc.. Accessed: May 08, 2026. https://www.statista.com/statistics/878819/regional-number-of-venture-capital-investments-europe/
Invest Europe. "Number of Companies That Received Venture Capital Investment in Europe in 2023, by Investment Stage and Region." Statista, Statista Inc., 24 May 2024, https://www.statista.com/statistics/878819/regional-number-of-venture-capital-investments-europe/
Invest Europe, Number of companies that received venture capital investment in Europe in 2023, by investment stage and region Statista, https://www.statista.com/statistics/878819/regional-number-of-venture-capital-investments-europe/ (last visited May 08, 2026)
Number of companies that received venture capital investment in Europe in 2023, by investment stage and region [Graph], Invest Europe, May 24, 2024. [Online]. Available: https://www.statista.com/statistics/878819/regional-number-of-venture-capital-investments-europe/