Business News

UCD ranked fifth in Europe for producing VC-backed entrepreneurs

By Business & Finance
04 September 2014

UCD is ranked fifth in a list of European universities that have produced VC-backed undergraduates according to a new report just published by PitchBook.

According to the report by the Seattle-headquartered research firm for private equity and venture capital data, entitled ‘Top Universities for VC-backed Entrepreneurs’, during the period January 2009 to August 2014, 31 UCD graduate entrepreneurs established 26 companies which raised $112m in funding.

UCD is the only Irish university in the top 10 list of European universities.

The University of London ranked the best overall university in Europe with 71 graduate entrepreneurs, establishing 67 companies which raised just over $1bn in funding. Stanford ranked number one globally according to this report with 378 entrepreneurs, establishing 309 companies raising just over $3.5bn.

The PitchBook VC database includes the educational backgrounds of over 13,000 founders worldwide. The rankings are based on the number of founders that have received VC funding in period of the report based on the founders’ undergraduate qualifications.

The full report is available to download here.