As reported in Tornado Insider in a Sneak peek of 2005 venture capital investment in Europe

the following trends can be seen for 2005 venture capital investments in Europe. All of them are unsurprising. Also no change in the fact that Europe has about the same number of venture capitalists (if you compare the EVCA and NVCA memberships) but much less money to invest per VC. Surprising to us still the fact that although the European economy is about the same size (in GDP) as the US, it falls far behind the US in total VC investments. (about 3.5 billion EUR as compared to the expected 21 billion USD in the US). One trend we expect as well is that US VCs are going to take over European funds and increase their global presence. Of course their focus will remain the US, followed by China and India.