TechCrunch
While startup valuations have plummeted since the bull run of 2021-2022, a factor that's hit the European startup ecosystem particularly hard, there’s one region of Europe where the correction has slightly worked in its favor: the South. Evidence for this was apparent during Mobile World Congress in Barcelona earlier this year, as time and time again your TechCrunch reporter bumped into Northern European VCs scouting startups on the ‘Iberian peninsula’ (Spain and Portugal). Further evidence of this ‘Southern trend’ arrives with news that a new Venture Capital fund, Plus Partners, is being launched by Enrique Linares, one of the co-founders of breakout European unicorn letgo, along with Oriol Juncosa, a veteran of the Barcelona VC scene.