European companies raised a record-breaking €10.6bn of venture capital during the first six months of 2019. Europe raises record-breaking €10.6bn venture capital. The total raised between January and June was 61pc up year on year.
Despite the record-breaking deal values, deal volumes continued to decline with only 683 rounds completed in the first half. This is 7pc down from H1 2018 and marked the slowest start to a year since 2009.