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.
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