Dow Jones Venturesource Reports on European Venture Capital

Dow Jones Venturesource has released its first quarter Europe Venture Capital Report; venture capital funding for the quarter was EUR2.23 billion ($2.42 billion); Atomico’s Atomico Ventures IV Fund led fundraising with EUR723.30 million ($786.02 million) representing 32% of total fundraising for the quarter; business and financial services was the top funding sector with EUR877.92 million ($954.05 million) across 163 transactions; Funding Circle reported one of the top five deals in the first quarter with its funding round of EUR94.43 million ($102.62 million); by geography, the UK led fundraising with EUR970.28 million ($1.05 billion) from 150 deals and France was second with EUR398.02 million ($432.53 million) from 78 deals; the full report is available here. Source