This book substantially adds to the understanding of Europe's venture capital industries. It relates the microeconomics of venture capital finance in Europe to the industry features in European countries. The book starts by discussing the microeconomics of fundraising, investing, and exiting of European venture capital companies. This discussion offers many details on how venture capital companies raise funds from investors, how they monitor firms in which they have invested, how they reduce risks in their portfolios, and how they exit from the firms. Then, the book discusses several industry features in European venture capital industries. It explains Europe's comparative (dis)advantages in selected industry to the (non)availability of venture capital finance in these countries. Inter alia, it explains international venture capital activity in the light of the fundraising and investment behaviour of venture capital companies.