The research firm said global activity rose 16% in deals done and dollars allocated, with Internet startups attracting more than a quarter of all investments. Seed, angel and Series A deals made up a third of transactions.
Activity in North America, Europe and India rose. In North America, VCs invested $8.2 billion in 839 deals, a 14% increase in dollars from the first quarter, Preqin found. European activity rose 25% in deal value with $1.4 billion going into 252 deals.
A greater increase took place in India deal flow. Seventy-five deals were done, an increase of 32% from the first quarter and the largest total since 2010, Preqin said.
The study found activity in China fell. Twenty-seven deals took place representing a 20% drop from the first quarter. However, deal value almost doubled to $545 million, in large part because of the $216 million Xiaomi raised from investors, including DST Global.
Preqin, in a separate report, said 29 venture funds around the world raised $4.6 billion in the second quarter. In the United States, 12 funds closed on $2.9 billion while in Europe six funds closed on $800 million.
Chart above from Preqin.
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