Following the release of preliminary Q2 figures on 2 July, the Full European 2017 Q2 venture capital report is now published. The conclusion remains: investors are betting on European tech companies at a record pace, investing €5.6 billion including Israel, or €5.0 billion excluding Israel. This figure excludes lending capital, buyouts, secondary transactions and debt.
Mega-rounds such as Farfetch and Improbable were key drivers behind this trend. However, even without these mega-rounds, this was one of the most active quarters ever by the amount of venture capital invested into European companies:
- Excluding the 3 largest rounds: €4.4 billion (vs. in €3.9 billion Q1 2017, the previous record)
- Excluding the 10 largest rounds: €3.5 billion (vs. in €3.0 billion Q3 2015, the previous record)