The economist behind a French initiative that mobilised €13 billion in private savings to fund technological innovation believes a similar approach is possible at the European level—provided investors are given the confidence to take risks.
“Long-term investors must see risk as diversification, not danger,” Philippe Tibi told the European Angel Investment Summit in Brussels on October 28.
Every year, more start-ups are launched in Europe than in the US. However, many of these companies often have to seek large investments overseas to scale up their operations.
In 2023, funding rounds above €100 million generated €21 billion in Europe, compared to €81 billion in the US, according to a recent study prepared for the European Commission. This highlights the funding gap that European start-ups face in comparison to their American counterparts.
https://sciencebusiness.net/news/r-d-funding/investors-must-learn-embrace-innovation-says-philippe-tibi