Southern Europe grows VC hub reputation as deal value reaches record heights
Southern Europe’s VC ecosystem is coming out of the shadows as investors cast a wider net to find the next big thing, leading to record levels of capital invested.
In our latest analyst note, we examine the key factors driving activity in the region, including a desirable geographic location with close ties to Latin America, a high-caliber talent pool, and robust domestic investment programs.
Key takeaways
- In the first three quarters of 2021, deal value in the region rose by more than 43% from last year to reach a record €3.7 billion.
- Italy, Spain, and Portugal dominate Southern Europe, accounting for a combined 94.5% of deal count and 90.8% of deal value through Q3 2021.
- A shift in perception toward VC and entrepreneurship as well as favorable taxation rates in the region will draw more investors and founders.
Table of contents
| Key takeaways | 1 |
| Introduction | 2 |
| VC activity | 2 |
| Factors driving activity in the region | 6 |
| Future considerations | 11 |
