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Fortune
Fortune
Business
Sophie Mellor

THE TRUTH ABOUT: The tech slowdown has started to bite in europe | History Defined

Niklas Zennstrom (Credit: Marlene Awaad—Bloomberg/Getty Images)

The last year in the European tech sector can practically be split down the middle. The first half of the year continued the bumper growth of 2021, with strong investment flowing into the market despite the war in Ukraine and rising inflation.

By the time July rolled around, tightening monetary policy, heightened geopolitical tensions, and a declining market sentiment dynamically changed the investment landscape.

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