The gap between amounts invested in technology in America and Europe is widening, according to the latest quarterly Calibre One Index report. While North American tech companies got funding worth $4 billion (£1.99 billion) in Q3 (up from $3.86 billion or £1.88 billion in the previous three months), those in Europe, including Israel, attracted $791 million (£386 million) - and that was down from $819 million (£399.76 million). It’s a second consecutive widening of the gap.

SEE ALSO: UK, Europe Now Lead Plateauing US Web 2.0 Investment

But these figures tell a different story to September’s Dow Jones VentureOne/Ernst & Young report, which found “Web 2.0” investments in the first half of the year had remained almost flat in the US yet had nearly doubled in Europe and Israel. Calibre One’s pool was wider.

In Europe, Calibre One says, the total number of tech investments in the quarter was nearly flat at 174 and the average investment size slid from $7.37 million (£3.6 million) to $6.94 ($3.39 million). Highlights in the quarter included $30 million ($14.64 million) for online tickets agency Viagogo and $34 million ($16.6 million) for Dailymotion. (Via A:C).