Analysis

February 26, 2021

VC investment in 2020: London rises, while Berlin loses out

2020 was a record year for VC investment across major European cities — but the money was far from equally spread.


Maija Palmer

2 min read

Credit: Roman Fox, Unsplash

Despite the Covid-19 pandemic, 2020 was a record year for VC investment across major European cities, with a strong fourth quarter making up for a slow start to the year. Total fundraising for the year reached $43.6bn according to calculations by NGP Capital, up 4% from 2019.

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2020 vs 2019 fundraising in European cities
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Fundraising in key European cities 2020 vs 2019
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Percentage increase or decrease in funding in key European cities
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