Government House: "There is a greater collaboration among European development institutions."
To say governments are increasingly important to the innovation capital ecosystem is an understatement. There are now more than 150 new funds either directly run or backed by governments – a near threefold increase over 2014’s total, according to Global Government Venturing.
There was also a threefold increase in direct dealmaking by these government venturing funds – 533 in 2015 compared with 173 the year before, according to GGV’s proprietary database.
The goals from all the new funds and deals…
