Europe’s top tech cities: long-term trends

The below two charts show the 6 year trend of top European cities (including Israel) by number of rounds and total venture capital raised. The year 2016 has been annualised based on the first three quarters for comparison purposes. The sudden jump of Paris remains remarkable. As the funding amounts are always skewed by a few large deals, the top-2 largest rounds are shown separately.

Below are the top 6-10 European cities, showing a sharp increase in most cities.

Finally, the below matrix shows aggregate VC funding by city between 2011 and Q3 2016. London, Paris and Amsterdam appear to be the relatively diversified, while some other cities like Berlin, Tel-Aviv, Stockholm, Geneva and Zurich are more concentrated around specific markets of focus.