PitchBook has released the European VC Valuations Report that has lot of good information. Especially on the question if it is a good time to raise for seed companies?
The answer seems to be a clear yes, it is as good as or better than 2021 and 2022. Valuations are higher (especially for the top decile) and more money is invested across the board in rounds, which indicate slightly higher ownership for investors (but still reasonable).
Is it as good for pre-seed deals? It is actually even better, with all-time high valuations and money invested.
All in all, it is a good time to raise for young startups. But in addition to great execution, founders partly need to bet on the later stage market to improve as valuations there are still down compared to 2021.
