European start-up valuations boom on investor frenzy
Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown
Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally

Valuations soar as venture capital flows to groups tied to continent’s security and economic sovereignty

Mega funding rounds create ‘fortress balance sheets’ as investors advise top groups to brace for tougher markets

Russia’s war in Ukraine and fears over US security relationship drive wave of VC funding

Cautious comments from top bank executives add to jittery sentiment on Wall Street

Eye-watering payments show how hard it is for tech companies to build a competitive moat