Recently we started analysing international fund-flows within Europe. Below is one way to present these flows. The left-hand side shows the location of the companies raising capital. The right-hand side shows where the VC funds are based. A significant portion is coming from the USA/UK, with most of these USA funds having a presence in London. This analysis of course further underscores London’s key position as the epicenter of European venture capital. To go one level deeper…