The UK and Germany dominated EU Tech deal activity in 2014, each seeing over 150 investments. Here's how the top 5 fared.

The European Tech venture capital landscape continued to be dominated by its main hubs in 2014 as the UK and Germany were the only European countries to top 100 deals and $1B in funding during the year.

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There were 225 investments made into VC-backed Tech companies in the UK in 2014, up 80% versus 2011. Germany, anchored by a booming tech community in Berlin which sports hot startups like Soundcloud and Delivery Hero also has grown drastically in recent years. There were 154 total deals in Germany in 2014, up from just 85 in 2011, an 82% increase.

France saw the third highest number of deals in 2014 with the most notable financing going to BlaBlaCar’s $100M Series C which featured Accel Partners and Index Ventures, among others.

Russia was fourth, as deals fell slightly YoY despite’s $150M financing, while Spain was fifth as GovTech startup SCYTL raised over $100M total across multiple deals in 2014.

The full deal trends since 2011 below.

top 5 countries vc backed tech EU

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