{"id":15724,"date":"2024-09-24T11:13:21","date_gmt":"2024-09-24T11:13:21","guid":{"rendered":"http:\/\/TheNextWeb=1410541"},"modified":"2024-09-24T11:13:21","modified_gmt":"2024-09-24T11:13:21","slug":"london-paris-amsterdam-are-the-leading-vc-ecosystems-in-europe-report-finds","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=15724","title":{"rendered":"London, Paris, Amsterdam are the leading VC ecosystems in Europe, report finds"},"content":{"rendered":"\n<p>London, Paris, Amsterdam, and Berlin are the leading VC ecosystems in <a href=\"https:\/\/thenextweb.com\/topic\/europe\" target=\"_blank\" rel=\"noopener\">Europe<\/a>, but the region is significantly lagging behind the US and Asia.<\/p>\n<p>That\u2019s according to the latest <a href=\"https:\/\/pitchbook.com\/news\/reports\/q3-2024-pitchbook-analyst-note-global-vc-ecosystem-rankings\" target=\"_blank\" rel=\"nofollow noopener\">report<\/a> by PitchBook analysts, who ranked global <a href=\"https:\/\/thenextweb.com\/topic\/vc\" target=\"_blank\" rel=\"noopener\">VC<\/a> ecosystems based on their development and growth level. They used data related to deals, exits, fundraisings, and overall activity from the last six years, between Q3 2018 and Q2 2024.<\/p>\n<p>The development rankings are based on size and maturity, while the growth rankings are based on short-, medium-, and long-term growth momentum.<\/p>\n<h2>Only two European cities among the best-developed ecosystems<\/h2>\n<p>Only London and Berlin make it to the top 20 in terms of development score, according to PitchBook.<\/p>\n<div class=\"inarticle-wrapper latest channel-cta hs-embed-tnw\">\n<div id=\"hs-embed-tnw\" class=\"channel-cta-wrapper\" readability=\"8.5\">\n<div class=\"channel-cta-img\"><img decoding=\"async\" class=\"js-lazy\" src=\"https:\/\/s3.eu-west-1.amazonaws.com\/tnw.events\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"><\/div>\n<p><noscript><img decoding=\"async\" src=\"https:\/\/s3.eu-west-1.amazonaws.com\/tnw.events\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"><\/noscript><\/p>\n<div class=\"channel-cta-input\" readability=\"12\">\n<p class=\"channel-cta-title\">The <\/p>\n<p class=\"channel-cta-tagline\">The latest rumblings from the EU tech scene, a story from our wise ol&#8217; founder Boris, and some questionable AI art. It&#8217;s free, every week, in your inbox. Sign up now!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>The list is dominated by US-based heavyweights such as San Francisco and New York and a large number of Asian cities, including Beijing and Shanghai in China.<\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1410543 size-featured_img js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-10.56.01-796x616.png\" alt=\"Table by Pitchbook showing the top 20 VC ecosystems in terms of development, between Q3 2018 and Q2 2024\" width=\"796\" height=\"616\"><figcaption>Source: PitchBook\u2019s Global Venture Capital (VC) Ecosystem Rankings 2024. Available <a href=\"https:\/\/pitchbook.com\/news\/reports\/q3-2024-pitchbook-analyst-note-global-vc-ecosystem-rankings\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a>.<\/figcaption><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1410543 size-featured_img\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-10.56.01-796x616.png\" alt=\"Table by Pitchbook showing the top 20 VC ecosystems in terms of development, between Q3 2018 and Q2 2024\" width=\"796\" height=\"616\"><\/noscript><\/figure>\n<p>London is the European leader with a total deal value of $99.7bn, enough for seventh spot in the worldwide rankings. It is followed by Berlin, which takes 17th place globally, with $30.2bn in deal value \u2014 attracting&nbsp;approximately three times less investment than the UK capital.<\/p>\n<p>But both London and the rest of the European locations face challenges in bridging the gap with the US and Asia, according to the analysis. These include lower valuations, smaller rounds, and lower exit value, especially compared to the US.<\/p>\n<p>\u201cValue and volume statistics for locations tend to be lower in Europe than the US and Asia which feeds into our Development Scores,\u201d Nalin Patel, PitchBook\u2019s lead EMEA private capital analyst and the author of the report, told TNW.<\/p>\n<p>\u201cOne reason could be the infancy of the VC ecosystem in Europe compared to the rest of the world. Another factor could be that Europe is more fragmented with smaller ecosystems spread across the continent.\u201d<\/p>\n<h2>Europe does better in terms of growth<\/h2>\n<p>Growth-wise, seven European cities make it to the top 20, including both emerging and more mature hubs. These are Lyon, Prague, Vienna, Utrecht, Dublin, Amsterdam, and Barcelona.<\/p>\n<p>In country rankings for the same category, Switzerland is the fastest-growing VC ecosystem globally with a total deal value of $19.9 and a total exit value of $53. It is followed by Singapore and the United Arab Emirates.<\/p>\n<p>Eight more European countries make the list, with Austria ranking fourth and Ireland ranking sixth.<\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1410544 size-featured_img js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-11.23.48-796x614.png\" alt=\"Table from Pitchbook showing the countries with the best VC ecosystems in terms of growth, between Q3 2018 and Q2 2024\" width=\"796\" height=\"614\"><figcaption>Source: PitchBook\u2019s Global Venture Capital (VC) Ecosystem Rankings 2024. Available <a href=\"https:\/\/pitchbook.com\/news\/reports\/q4-2023-pitchbook-analyst-note-global-vc-ecosystem-rankings\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a>.<\/figcaption><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1410544 size-featured_img\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-11.23.48-796x614.png\" alt=\"Table from Pitchbook showing the countries with the best VC ecosystems in terms of growth, between Q3 2018 and Q2 2024\" width=\"796\" height=\"614\"><\/noscript><\/figure>\n<h2>Top European VC ecosystems<\/h2>\n<p>In terms of both development and growth, only London makes it to the global top 10.<\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1410545 size-featured_img js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-11.27.21-796x569.png\" alt=\"Table from Pitchbook showing the top 10 VC ecosystems between Q3 2018 and Q2 2024\" width=\"796\" height=\"569\"><figcaption>Source: PitchBook\u2019s Global Venture Capital (VC) Ecosystem Rankings 2024. Available <a href=\"https:\/\/pitchbook.com\/news\/reports\/q4-2023-pitchbook-analyst-note-global-vc-ecosystem-rankings\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a>.<\/figcaption><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1410545 size-featured_img\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-11.27.21-796x569.png\" alt=\"Table from Pitchbook showing the top 10 VC ecosystems between Q3 2018 and Q2 2024\" width=\"796\" height=\"569\"><\/noscript><\/figure>\n<p>Below you can see the full list of the European top 10 cities, based on their global ranking:<\/p>\n<figure class=\"post-image post-mediaBleed aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1410546 js-lazy\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-11.31.07.png\" alt=\"Interactive map from Pitchbook showing the best European VC ecosystems between Q3 2018 and Q2 2024 \" width=\"1640\" height=\"836\"><figcaption>Source: Screenshot from PitchBook\u2019s interactive dashboard, available <a href=\"https:\/\/pitchbook.com\/news\/articles\/pitchbook-global-vc-ecosystem-rankings#methodology\" target=\"_blank\" rel=\"nofollow noopener\">here<\/a>.<\/figcaption><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1410546\" src=\"https:\/\/cdn0.tnwcdn.com\/wp-content\/blogs.dir\/1\/files\/2024\/09\/Screenshot-2024-09-24-at-11.31.07.png\" alt=\"Interactive map from Pitchbook showing the best European VC ecosystems between Q3 2018 and Q2 2024 \" width=\"1640\" height=\"836\"><\/noscript><\/figure>\n<p> <a href=\"https:\/\/thenextweb.com\/news\/london-paris-amsterdam-leading-vc-ecosystems-europe-report\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>London, Paris, Amsterdam, and Berlin are the leading VC ecosystems in Europe, but the region is significantly lagging behind the US and Asia. That\u2019s according to the latest report by PitchBook analysts,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15725,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/15724"}],"collection":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15724"}],"version-history":[{"count":0,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/posts\/15724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=\/wp\/v2\/media\/15725"}],"wp:attachment":[{"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.londonchiropracter.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}