In data: The impact of Covid-19 on Europe's startups | Sifted

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In data: The impact of Covid-19 on Europe's startups | Sifted
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“We went from near panic, to the idea that tech seems impervious, and even accelerating. But the ripple effects are still unknown.'

Wijngaarde, founder and chief executive of Dealroom, tells Sifted.We went from near panic, to the idea that tech seems impervious, and even accelerating. But the ripple effects are still unknown. Therefore it is important to take a snapshot of the market now.48% of French companies surveyed have applied for R&D grants

% of companies applying for, or considering applying for, government R&D grants in the next 12 months, with 60% of Series C+ companies seeing revenues fall by at least 10% in March/April, along with 51% of Series B companies and 52% of Series A.

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