Quantity of Technology Investments – Analysis


Total Number of Investments* Q1 Q2 Q3 Q4 Q1


2010 2010 2010 2010 2011


North America 496 333 304 339 276 Europe UK


France DACH


BENELUX N Europe Ireland


S Europe E Europe Israel


500


178 144 161 128 65 51 34 47 35 20 31 32 30 24


6


39 31 33 27 14 12


8


3 5 -


7


3 7 6


3


18 20 16 11 5 8 4


10 11 12 * including undisclosed investments


6 9 6 7


4 9 1 4 1 6


James Brocket Managing Partner – Europe


Interestingly, the number of investments is substantially down in every major territory, including the US.


Venture capital in Europe is wrestling with some major structural challenges and this results in a particularly difficult market for A and B rounds. Many early-stage VCs of old are now ‘Growth’ investors – leaving relatively few VCs focused on earlier stage companies.


It is interesting to note that even with the free flow of venture funding in the US there is a c. 20% decline in the number of investments in Q1 2011. There are far fewer A and B rounds closing here also, and this is likely to impact in the future.


400


300


200


100


0


Q2 04


Q3 04


Q4 04


Q1 05


Q2 05


Q3 05


Q4 05


Q1 06


Q2 06


Q3 06


Q4 06


Q1 07


Q2 07


Q3 07


Q4 07


Q1 08


Q2 08


Q3 08


Q4 08


Q1 09


Q2 09


Q3 09


Q4 09


Q1 10


Q2 10


North Europe (inc. Israel) The Quarterly Transatlantic Tech Investment Review Calibre One : International Executive Search 5


Q3 10


Q4 10


Q1 11


Total number of Investments


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32