Blog
Annual Venture Capital Report 2018
![](https://dealroom.imgix.net/uploaded/2018/03/2018-Title-1.jpg?w=1536&fit=crop&crop=faces&auto=compress,format&h=864)
With investment of €28 billion, 2018 was a record year for European venture capital (or €21 billion, when excluding biotech and Europe). It was a record year for VC-backed exits in Europe and Israel. The growth of VC-backed exits in 2018 was driven by large IPOs (Spotift, Adyen, Farfetch etc) and acquisitions (Yoox Net-a-Porter, Zoopla, iZettle etc).