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European Venture Report?uq=iauh9QUh

1Q 2017

European Venture Report

April 19, 2017

European Venture Report?uq=iauh9QUh
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Europe's venture industry has seen a stunning decline in dealmaking over recent years at every stage. After slow years following the global financial crisis, Europe's VC industry had seemingly found its stride in 2015, when the industry saw more than 4,000 deals completed for the second straight year, and more 15.5 billion was invested, more than double the total from just two years prior. But the industry has seen steep declines in the number of financings since, including during each of the past five quarters. It's easy to point to Brexit as the culprit, though the fall began before the referendum. 

Key Takeaways:

  • Brexit and important upcoming elections, coupled with depressed pound and euro continue to send waves of uncertainty across Europe's markets
  • Dealmaking has taken quite a dip in recent years, but the largest factor as been the decline of angel & seed financings
  • Rocket Internet and Atomico raised two massive funds that will help boost investment across the industry 
  • Europe's corporations continue a tight hold on their wallets, as the top five acquisitions during the quarters were at the hands of foreign buyers