The data shows the Total Venture capital (code VENTURE) expressed as a percentage of GDP (Gross domestic product at market prices). Venture capital investment (VCI) is a subset of a private equity raised for investment in companies not quoted on stock market and developing new products and technologies. It is used to fund an early-stage (seed and start-up) or expansion of venture (later stage venture).
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Eurostat, the statistical office of the European Union
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