European and Israeli startups completed 782 funding rounds in the second quarter of 2016, worth a combined €4.1 billion.
According to our own data and research, both figures represent a decrease compared to the previous quarter, when investment in local technology companies peaked at 808 deals worth €4.9 billion in total, in part as a consequence of Spotify’s $1 billion (or about €910 million) debt round.
Whilst the drop in quarterly investment volume can be attributed to Spotify’s effect in the previous quarter, what’s more interesting is the fact that the number of deals decreased -albeit slightly- quarter-on-quarter for the first time since the beginning of 2015.
Continue reading this article by becoming a Tech.eu Insider
If you are a member of Tech.eu Insights, you can log in to access the full article. If you don't have Insights access yet, you can act now.
Sign in
or
Would you like to write the first comment?
Login to post comments