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Last updated: June 22, 2026, 2:30 AM ET

European AI Investment Landscape Shifts

Venture capital firms are grappling with a perceived decline in product quality, with some investors bemoaning "vibe-coded product slop" that lacks clear market fit. This sentiment comes as European policymakers consider scrapping non-compete clauses to foster greater AI talent mobility and innovation. In a move that underscores the sector's volatility, AI startup Unlikely AI has lost senior staff amid widening losses and a strategic shakeup, signaling potential challenges for early-stage technology ventures.

Secondary Market Activity Outlook

Limited partners (LPs) anticipate sustained or increased activity in the secondary market, even as exit environments potentially improve. Approximately 40% of LPs expect continued growth in secondary transactions, with a notable segment adopting a more concentrated investment strategy within this market segment, according to Coller's latest Barometer report. This suggests a persistent demand for liquidity and portfolio adjustments among institutional investors.