European venture capital (VC) deal value reached record highs with €32.4 billion total invested across 5,017 deals compared to €24.3 ($36bn) across 5,929 deals in 2018.

All European regions set new deal value records in 2019, indicating a well-balanced and diverse ecosystem, according to PitchBook Q4 2019 European Venture Report.

Germany-based companies had a