![](https://img-cdn.tnwcdn.com/image?fit=796%2C417&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F04%2FEuropeanVCfundingisincreasing-e1713689757645.jpg&signature=e87d5cf9872643d178c74194c4281b6d)
New data published today by Dealroom reveal that European VC investment rose 5% year-on-year for the first quarter of 2024. What’s more, the Netherlands is showing a particularly strong comeback. Amsterdam funding rose a highly encouraging 107%. Overall, European VC investment reached $13.7bn in Q1 2024, an increase fuelled to a great extent by the energy transition. Energy was the biggest sector for tech startup and scaleup investment for the fourth quarter in a row, having raised $3.1bn in the first three months of the year. The top five energy deals of the period were: Electra — $330mn, Paris H2…
This story continues at The Next Web