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European tech startup funding is projected to fall to $45 billion in 2023, down 55% from 2021, with later-stage companies delaying fundraising and a slower pace of deployment by investors. Paris-based startup studio Hexa raised $22 million in funding, marking its first round since 2016, to launch more startups and move to a new office. The combined equity value of all public and private tech companies in Europe has returned to its 2021 record of $3 trillion.

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