The economist behind a French initiative that mobilised €13 billion in private savings to fund technological innovation believes similar success 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.
Europe currently launches more start-ups annually than the United States. However, many of these companies often have to look overseas to secure the large investments needed to scale up.
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.
https://sciencebusiness.net/news/r-d-funding/investors-must-learn-embrace-innovation-says-philippe-tibi
