| Hi, Agen. We’ve got good news and bad news when it comes to European venture funding. Funding to European startups reached $16.4 billion in Q3 2023, the latest Crunchbase figures show, and while the continent’s funding is up compared to the past three quarters, that increase is concentrated in late-stage. Early-stage and seed funding, meanwhile, suffered. Let’s dive into our Q3 report on European startup funding. Funding to seed and early-stage startups in Europe continues to struggle. In fact, both amounts and funding deals in Q3 were at the lowest point since we began charting the downturn. But late-stage roared back — it doubled quarter over quarter, supercharged by large funding deals in the sustainable energy sector in multiple countries. Most VC-backed startups are not eligible to get a tax credit, despite the claims from busy Employee Retention Credit sales mills. Vanessa Kruze, founder and CEO of Kruze Consulting, shares some proactive steps VCs can take prior to funding a startup that has committed unintended tax fraud. Some Israeli startups are seeing 30% or more of their workforces deployed as the country calls upon hundreds of thousands of reservists to launch a full-on counteroffensive in response to the deadliest attacks on the Jewish nation in 50 years. Others are raising funds, offering tech support or helping Israelis relocate. “This is the embodiment of the Israeli spirit — we are agile, dynamic, and quickly address challenges as they arise,” Lior Simon, general partner at Cyberstarts in Israel, tells Crunchbase News. We speak with her and other Israeli tech leaders about how the growing conflict is impacting them, their families and businesses. Related Crunchbase Pro list: Funding To Israel-Based, VC-Backed Startups The latest Crunchbase numbers show funding to startups in Asia in Q3 2023 saw only a slight drop year to year, a sign that the continent’s funding market may be finding its equilibrium. After several quarters of declining activity, the most active startup investors picked up their investment pace again last quarter. Per Crunchbase data, the four most prolific post-seed investors all participated in more deals in Q3 than they did in Q2. And among the top 20, all but four partook in an equal or greater number of rounds. We look at the most active startup investors globally in Q3 and what they backed. | 
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