Is Brexit driving the slide of Europe's VC industry?
October 20, 2016
Has Brexit had an effect on European VC trends, or is the industry's slide because of something else? 3Q data shows Europe's VC ecosystem following similar worldwide trends; deal activity and total capital invested have fallen from 2015 highs but are strong relative to past years. Our 3Q 2016 European Venture Industry Report, sponsored by Merrill Corporation, dives deeper into these trends and more, letting the data show what's happening in Europe. Highlights:
Exit activity is down, but large transactions are underpinning total value and setting 2016 on pace to be second highest in a decade.
Despite a major drop in 3Q fundraising, a historically strong 1H has 2016 on track for the most commitments since the 2008 financial crisis.