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Criticizing European venture capitalists and entrepreneurs used to be a favorite pasttime of their Silicon Valley counterparts. Now, it seems the Americans just ignore the Europeans. But, that's been more difficult to do in recent months with some impressive exits coming out of Europe such as Skype.

So, it comes as a bit of a surprise to see the latest fundraising statistics from Europe. Compiled by VentureOne, the numbers show that European venture capital funds barely broke the $1 billion mark. Norway's Northzone Ventures, which has becked NexGenTel, PriceRunner and TrollTech, completed the largest fundraising of the year at 175 million euros. The slow pace of raising comes in the context of American venture capital funds on track to raise up to $30 billion this year.

Here is the complete European venture capital fundraising picture:

Source: VentureOne

Tags: europe, vc, venture+capital

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