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Laxman Pai, Opalesque Asia: Venture capital investment remains strong in Europe - with over $28 billion invested on 2041 deals during the fourth quarter of 2021, said a study.
According to a KPMG study, Q4'21 saw several digital banks in Europe raise large VC rounds, with a $900 million raise by Germany-based N26, and the $300 million raise by UK-based Zopa among the largest deals of the quarter.
Several fintechs more broadly also attracted sizeable rounds, highlighting the ever-expanding breadth of the sector. B2B was particularly notable, with Germany-based B2B payments company Billie raising $298 million.
VC investor interest in HRtech has skyrocketed, with investors pouring money into HRtech companies across the region. During Q4'21, Germany-based SME-focused HR platform Personio raised $270 million in Europe's largest HRtech funding round of the quarter. Given the serious war for talent both in Europe and globally, VC investment in HRtech will likely explode heading into 2022.
Meanwhile, throughout 2021, VC investment in ESG related solutions climbed in Europe as VC investors and corporates recognized the demand for net-zero and ESG compliant solutions and operations.
The COP26 conference, which occurred in Europe during Q4'21, helped drive additional attention to the space. With ESG increasingly embedded in mainstream thinking, likely, VC investments in a broad range of solutions - including operations management, emissions tracking, net-zero infrastr...................... To view our full article Click here
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