Europe has become a major destination for venture capital investors looking beyond the USA and China. In 2021, venture capital investment set a new record and European startups got a bigger share. A preliminary analysis shows European startups captured 20 per cent of global capital during the first half of 2021, up from 13 to 14 per cent in the previous year.
According to exclusive analysis shared by NGP Capital with Silicon Canals, European VC funding broke records every quarter in 2021. The analysis, which looks at VC funding in main European metropolitan areas, and excludes PE and growth equity rounds, shows how Europe has become a new favourite for VC funding.