Our latest European Tech Funding and Exits Report shows that a higher proportion of later-stage rounds made Q1 2017 one of the best quarters on record for European and Israeli tech funding. It was also a particularly strong quarter for VC-backed company exits.
In terms of funding, the quarter was the second best we've recorded since we started tracking in 2013, surpassed only by Q1 of 2016, when Spotify raised €1 billion in convertible debt. European and Israeli startups completed 869 funding rounds in Q1 2017, totalling €4.5 billion. Compared to Q4 2016, there was a 3% drop in the number of deals, and a 17.2% increase in investment volume.
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