Hedge funds and large institutional investors are competing with VCs for large deals according to data from
As part of its monthly newsletter, it found that January contained two instances of tech companies receiving backing from non-traditional sources.
Go4Venture also recorded 42 European technology venture investments in January 2008 according to its Headline Transaction Index (HTI), an increase of 15, or 56%, from 27 in
the same month last year. Total monthly amount invested fell 10% year over year from
€287mn to €258mn, although January 2007’s figures are skewed by the unusually large investment of €77m into Plastic Logic. If this is taken out, the total amount invested in January 2008 would have been 22% more on a year over year basis.
The report also saw three deals over €7.5m take place in emerging markets. Including Yonja, there was also a €27.2m investment in