European venture capital investment climbed to euro 1.14B in the second quarter, despite a decreased deal flow of 213. The 5% increase in amount invested over 1Q07, despite a 20% drop in deal flow, is primarily due to increased deal sizes in early-stage investments. Year-over-year, investment was up and deals were down in nearly every industry, the report found, with healthcare companies seeing the biggest change, raising 10% more capital (euro 290 million v. euro 265 million) in 34% fewer deals (41 v. 62) than in the second quarter of 2006.