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UCD 5th for VC-backed undergraduates

Thursday, September 04 11:34:18

University College Dublin (UCD) is ranked 5th in a list of European universities that have produced VC-backed undergraduates according to a new report just published by PitchBook.

PitchBook (www.pitchbook.com) is a Seattle-headquartered research firm for private equity and venture capital data.

According to the Report entitled 'Top Universities for VC-backed Entrepreneurs', during the period January 2009 to August 2014, 31 UCD graduate entrepreneurs established 26 companies which raised $112 million 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 $1 billion in funding. Stanford ranked number 1 globally according to this Report with 378 entrepreneurs, establishing 309 companies raising just over $3.5 billion.

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.

For more visit: www.businessworld.ie