American venture capital funds manage around EUR 930 billion, compared to around EUR 150 billion in Europe, around six times less.

Omissions

• The ECB figures refer to the European Union (EU), while the MEP said 'Europe' — strictly, the EU is a subset of wider Europe (excluding e.g. the UK, Switzerland, Norway), so a broader European aggregate could be somewhat higher than €150 billion; the claimed magnitude nonetheless matches the ECB's EU figure exactly.
• The secondary sources corroborating the EU figure (siai.org, ieu-monitoring.com) were published shortly after the 2026-07-06 session, but they merely cite the ECB report published in May 2026, which the MEP could have known.
• The claim compares total fund size (assets under management), not annual VC investment flows; other metrics (e.g. VC investment as % of GDP) show an even wider EU-US gap, but the stated AUM comparison is itself drawn from the ECB.

Sources

• PrimaryEuropean Central Bank (ECB) — Financial Integration and Structure in the Euro Area, Box: Exploring the investor landscape for venture capitalEU and US VC funds differ in terms of size, investment focus and geographical allocation. VC funds located in the United States are larger: total fund size amounts to approximately €930 billion in the United States, compared to approximately €150 billion in the EU (around six times more).
• SecondarySIAI — Europe's AI Race and the Fiscal State (citing ECB estimates)The ECB estimates total venture-capital fund size at approximately €150 billion in the EU and €930 billion in the United States, with U.S. funds ...
• SecondaryIEU Monitoring — ECB: Europe's venture capital gap leaves scale-ups short of growth capital (citing ECB)VC funds located in the United States are more numerous and larger – total fund size there amounts to approximately €930 billion, around six ... [times the size of European VC funds]