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26th May 2020

Strong start to 2020 for European VC says KPMG Venture Pulse Report

European VC-backed companies raised $8.8B across 923 deals in the first quarter of 2020 according to the latest KPMG Venture Pulse Report.

Investment in Europe got off to an excellent start in 2020 even with the exit of the UK from the European Union and the sudden uncertainty created by the rapid spread of COVID-19 in February and March. The expanding startup ecosystem across Europe, low interest rates, and a strong base of maturing startups helped drive the continued VC investment.

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