Value of VC funds raised in Europe surges 143 per cent in five years USD49bn
Data presented by Buy Shares indicates the value of funds raised by venture capitalists in Europe surged by 147.78 per cent between 2016 and 2020.
Last year recorded the highest value in a decade at USD49 billion, a growth from 2019’s USD42 billion. In 2018, the value was USD33.01 billion representing a growth of 27.9 per cent from USD25.85 billion recorded in 2017.
As of 2016, the value was at USD20.10 billion. Over the last decade, the lowest value of funds raised by venture capitalists was USD4.20 billion in 2010.
The Buy Shares analysis explained the European VC ecosystem amid the pandemic. According to the research report:
"The record value amid the pandemic points to resilience and independence of the maturing VC ecosystem in Europe. Coincidentally, in the last five years, maturation has been a key theme under the European venture capital scene. Startups have attracted larger rounds across the board, pushing up the median round size and pre-money valuation. The increased capital helped Europe set new records for fundraising, deal value, and international and nontraditional investor participation. "
The report also highlights the top ten countries by the value of VC investments in Europe in 2020. The United Kingdom ranks first at USD16.18 billion. Germany’s investment ranks second at USD7.55 billion. France is third with an investment value of USD6.71 billion followed by Sweden at USD3.48 billion. The Netherlands is fifth at USD2.16 billion.
Other top countries leading in VC investments include Switzerland (USD2.16 billion), Finland (USD1.20 billion), Ireland (USD1.14 billion), Belgium (USD1.02 billion), and Spain (USD0.95 billion).