Venture capital activity in Europe edging up, still way behind US

There has been a bit of buzz recently about the Q2 increase in VC activity in the US, and following discussion a discussion at a dinner last night where we fumbled for stats on the state of the venture market I decided to do a little research this morning and find out the latest trends.

As you can see from the charts below, it turns out that the level of venture activity in Europe is increasing slightly, particularly on the side of funds raised by VCs to invest into startups. The US is growing more strongly, and activity over here is still only a fraction of what it is over there, even though our economy is bigger. Deal volume in China has continued to decline.

Thanks to global recruitment firm Calibre One for pulling together these charts showing investment by VCs into startups:

image

image

And to DowJones for these stats on funds raised by VCs:

image

image

There is a seasonal pattern to fundraising by VCs with more activity usually occurring in the second half of the year, so the thing to look at in these last two charts is comparison between 2Q12 and 2Q11. That is where you see the growth.

And, for those that were wondering, tthe dinner was organised by Mike Butcher and Alena Dundas and kindly hosted by Propel.