Global tech startup economies face a funding crisis – Business Insider UK

Global tech startup economies face a funding crisis – Business Insider UK

France and Germany announced emergency funding pools — worth €4 billion ($4.3 billion) and €2 billion ($2.2 billion), respectively — intended to help domestic startups stay afloat during the current global economic downturn by providing short-term refinancing, according to CNBC.

FILE PHOTO: The logo of German car manufacturer BMW is seen on the company headquarters in Munich, Germany, December 5, 2019. REUTERS/Andreas Gebert/File Photo

FILE PHOTO: The logo of German car manufacturer BMW is seen on the company headquarters in Munich
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