There’s a good breakdown of European 2007 VC deals in this weeks newsletter from Tornado-Insider. It should be no surprise that the UK has the lead, with just over 30% of the deals, roughly comparable to the cities seven year average.
The big changes are Berlin and Paris, who have flipped over in terms of this year’s numbers compared to the rolling average. This year has seen the German capital gain 16.7% of the VC deals, while the French city drops back slightly to 11%. The full report also shows greater investment in Sheffield, while Cambridge (a hotbed of biotech start-ups) has fallen back slightly.
Of course these numbers are only for companies at the beginning of their funding cycle, there’s no indication on the medium and long term prospects from previous investments. But the even with the summer slowdown in the industry, these are solid numbers that show a healthy market for investors and start-ups.
Via Alarm:Clock Euro.
August 10th, 2007 at 8:28 pm
[…] titles the recent newsletter from Tornado Insider which breaks down European VC deals in 2007. blognation UK and alarm:clock euro already provide a good roundup, here just the relevant data points for […]
August 13th, 2007 at 5:22 pm
Are these investments in their own right from UK or European investment funds or are they proxies for US, mainly Silicon Valley based investment companies?