Some, like Zurich and Helsinki, thrived despite the pandemic, with investment levels up significantly from last year, while cities like Madrid and Barcelona have seen a steep drop.

VC investment in Europe down 12% in 2020
The Covid-19 pandemic has resulted in a 12% decline in VC investment compared with 2019, a less severe impact than many had feared.
But there has been a big difference in the fortunes of different cities.
