Monthly European Technology Venture Capital Bulletin February 2011

Please find attached the February 2011 edition of Go4Venture’s Monthly European Technology VC Bulletin, including the latest results from our proprietary Headline Transaction Index (HTI) which tracks technology private financing deals as reported in the press.

February continued the positive trend that we have been reporting for some months with year-to-date figures of EUR 374mn, well ahead of 2010 by value (+38%) and just a bit off early 2008 (when the market was roaring ahead).

What is really striking though is that the number of deals reported has virtually halved, resulting in an average transaction value which has trebled compared to year-to-date last year, from EUR 2.1mn to EUR 6.2mn. This move is partially led by a return to what we refer to as “Landmark deals” (more than EUR 20mn), two of which occurred in February alone: Wonga (EUR 86mn) and Appsense (EUR 51mn). Both are of such size that they are in the Top 3 and Top 15 respectively in the history of Landmark deals since counting started in 2002.

For more info please download the full report.