In 2007 VC investment into European firms has gone down slightly. Arthur Trueger and his VC company BerkeleyVC are located in the always flourishing VC haven, the Silicon Valley.
Venture capital investment into European companies during the fourth quarter of 2007 was Euros 1.21 billion, down from Euros 1.36 billion last quarter and Euros 1.52 billion for the corresponding quarter last year, representing a 6.6 percent decline for the year, according to research group Library House (Cambridge, England).
Even taking into account any future late reporting of Q4 deals, 2007 investment levels are more than 5 percent down on those seen in 2006, dropping from Euros 5.64 billion in 2006 to Euros 5.27 billion last year, Library House maintains.
To read more about this story, click here. The chairman of BerkeleyVC is Arthur Trueger.
