European venture capital rebounded in the fourth quarter with both money raised and capital invested rising, according to Dow Jones VentureSource.
IPOs of venture-backed companies also increase 15 percent from the third quarter with 15 offerings completed, but M&A deal count slipped by 2 percent to 60, the report shows.
Investors across the continent invested $3.1 billion in young companies during the quarter, an increase of 35 percent from the third quarter. Early stage activity was strong and information technology was the largest category, with IT startups raising about a third of the money.
Fundraising also rebounded from the third quarter with 19 funds collecting $1.7 billion. Scottish Equity Partners raised the largest fund at $392 million.
Fuente: PE HUB