Startup Life/Funding/Analysis/ It’s been a record quarter for European VC investment with €7bn poured into startups Venture capital investments into European startups reached an all-time quarterly high of €7bn. By Ian Hathaway 31 March 2019 \Startup Life Founders: Here’s what you need to know about European SPACs By Karam Filfilan 26 March 2021 Startup Life/Funding/Analysis/ It’s been a record quarter for European VC investment with €7bn poured into startups Venture capital investments into European startups reached an all-time quarterly high of €7bn. By Ian Hathaway 31 March 2019 In the first quarter of 2019, European startups raised a record amount of venture capital investment. That’s the key takeaway from this Sifted Chart of the Week. According to data provider Dealroom, venture capital investments into European startups reached €7bn (€8bn if Israel is included) so far in the first three months of the year; an all-time high. Those capital investments were spread over 690 venture deals (766 when including Israel). The news comes as European startups raised an all-time record for annual venture investments in 2018 of €24.9bn, according to Dealroom data. That’s up from €23.1bn in 2017, for a gain of 8%. Some of the biggest deals include $500M into Veeam, the Swiss enterprise security software company, $440M into London-based Fintech company OakNorth Bank, and $300M into N26, another Fintech startup based in Berlin. Other major funding rounds include OVO Energy (Bristol) and Relex Solutions (Helsinki), which each raised in excess of $200M. In other good news for the European startup ecosystem, last week we reported that Silicon Valley venture capital firms are investing more in European startups than ever before. Read that full story here. Want the best of Sifted in your inbox? Our newsletter brings you the latest, greatest stories on startup Europe. Sign up Terms of Use Related Articles Clubhouse has revealed the German tech scene’s lack of diversity By Miriam Partington in Berlin Click here to read more A third of UK unicorns founded by ethnic minorities By Kai Nicol-Schwarz Click here to read more Not everyone can become an entrepreneur in Europe By Marie Mawad in Paris Click here to read more Only 21% of tech unicorns are led by women, report shows By Freya Pratty Click here to read more Get the best of Sifted in your inbox By entering your email you agree to Sifted’s Terms of Use Sign up to \Future Proof Sifted’s weekly \Corporate Innovation roundup email By entering your email you agree to Sifted’s Terms of Use Most Read 1 \Deeptech Europe is making faster cars and better batteries than Tesla 2 Member \Fintech Meet Europe’s fintech soonicorns 3 \Consumer Online grocer Kolonial raises €223m from SoftBank and Prosus to take on Europe — and rebrands as Oda 4 \Deeptech How the no code movement is changing companies 5 Member \Corporate Innovation Exclusive: Barclays pulls plug on flagship payments app Pingit
Clubhouse has revealed the German tech scene’s lack of diversity By Miriam Partington in Berlin Click here to read more