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September 1st, 2005

European VC investments down 34% in Q2 2005

Posted by ZDNet Research @ 2:10 pm

Categories: Venture capital

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European venture capitalists invested 34% less money in startups in Q2 2005 as VCs chose to fund only their most promising companies, according to VentureOne study published by Red Herring. VCs in Europe put $907 mln into 203 startups, down from $1.38 bln in 318 companies in Q2 2004.

Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.

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