VC investment in Europe rose, driven by strong geographic diversity, while Asia-based VC investment fell to twelve-quarter low amid COVID-19 despite mega-deals, said a study.

While the number of VC deals in Europe dropped from 1,262 in Q4'19 to 923 in Q1'20, VC investment in the region rose from $7.9 billion to $8.8 billion, said a report by KPMG.

Europ