A total of 25 U.K.-based companies raised €453.25 million ($505 million) in January, more than any other country on the continent, according to preliminary data from Thomson Reuters.
This included Skyscanner, operator of a travel search engine, which raised €176.91 million (about $195 million) from Artemis Investment Management Ltd, Khazanah Nasional Bhd and Vitruvian Partners. It was the largest European venture deal of the month and it gave the Edinburgh-based company, which previously raised funding from Sequoia Capital, a valuation in excess of $1 billion.
However, Germany led all European countries in deal making, accounting for 33 startups that raised money during the first month of the year. Combined, the 33 German companies collectively raised €117.96 million ($131 million) during the month.
In France, 18 companies collectively raised €69.15 million ($77 million).
To see the full list of European deals from the month, download an Excel file: European VC deals from January
The table is a compilation of venture capital transactions involving European-based deals announced in January 2016 and based on Thomson Reuters data.
The listings are sorted by nation.
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