More Overseas VC in ‘07

The NVCA predicts venture capitalists will be investing more overseas in the coming year. But the group certainly didn’t need to commission a survey to come up with that conclusion.

VCs have collected boatloads of cash to send overseas this year and firms that had once decried places such as China as investment black holes are now actively involved there. Here’s a quick roundup of foreign-bound money raised this year:

— Granite Global Ventures III, a $400 million fund of which at least half of which will go to investments in China.

— ePlanet Ventures is going out for $550 million, its first fund since parting ways with Draper Fisher Jurvetson and is expecting to close during the first quarter of 2007.

Matrix Partners India, a $150 million fund.

Greylock Partners Israel, a $150 million fund.

NEA IndoUS Ventures a $105 million India-targeted fund by New Enterprise Associates.

DCM-Doll Capital Management V, a $500 million fund, of which more than one-third will be invested abroad.

Sequoia China Growth Fund, details unknown.

Sequoia Capital India Growth Fund I, a $400 million fund co-managed between Sequoia and Sequoia India, formerly Westbridge.

Partech International V, a $300 million fund half way through its fundraising.

Zero2IPO, the Chinese media company has raised $6.2 million toward a seed fund.

Things seem to be going well for European funds as well. The success of Skype has no-doubt paved the way for further fundraising in that area, as have the attractive multiples that Amanda Williams Palmer, editor of the European Venture Capital Journal, has written about.