- The U.K. retained its position as the favored destination for venture capital investment in Europe during the third quarter, despite experiencing drops in investment and deal flow compared with the same period a year ago. Companies in the U.K. raised €301 million through 59 deals, representing a 21% decrease in investment and a 34% decline in deals.
- Germany consolidated its position in second place as companies raised a total €266 million, dwarfing the €105 million raised during the same period last year. Deal flow was also up, by 26%, to 43 completed. Germany managed to attract a 26% share of venture investment in Europe compared to just 9% during the third quarter of 2011.
- France held on to third position, with companies raising €106 million for 32 deals, a 46% decline in investment and a 32% drop in deals from the same period last year.
- The Netherlands secured fourth spot, raising €71 million through four deals, a 71% increase in investment despite a 33% drop in deal flow compared with the third quarter of 2011.