European venture capital fundraising in Q1 2013 declined from the levels seen in Q4 2012 and Q1 2012 in both the number of funds closed and capital raised, according to the Dow Jones VentureSource quarterly report.
Venture capital investment into European companies experienced a quarter-over-quarter increase.
Just one venture-backed initial public offering (IPO) was completed during the quarter, the lowest figure since 1Q 2010.
Merger and acquisition (M&A) deal activity also fell from the previous quarter.
