Venture capital raised by European startups climbed 31 percent during the most recent quarter, compared to the same period a year ago.
According to the latest numbers from the Dow Jones VentureSource report, European companies raised more than $3.34 billion in 355 deals during the three months ending Sept. 30.
That’s a slight jump from Q2 2015, when 375 companies raised $3.32 billion. But it’s a big gain over the $2.55 billion raised by 353 companies in Q3 2014.
The trends here mirror those found around the globe: fewer companies snagging bigger and bigger piles of cash.
The bulk of the money went to consumer-related startups, with healthcare coming in second and financial tech service in third place.
By geographical location, the U.K. topped the charts for Q3 with 87 deals for $1.04 billion. France was number two with $625 million. Germany was third with $472 million.