Tech investment into Europe is surging — but it's more than just a hedge for the US-China trade war

Australia News News

Tech investment into Europe is surging — but it's more than just a hedge for the US-China trade war
Australia Latest News,Australia Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

So far this year, over 20% of European start-up funding rounds have included a U.S. or Asian investor, up from 10% in 2015.

Venture capital firm Atomico found that $34 billion has been pumped into European start-ups so far this year, which is 40% more than last year.

But investments into European start-ups are more than just a hedge, according to Atomico partner Tom Wehmeier.Prisma by Dukas | Universal Images Group | Getty Images So far this year, over 20% of European start-up funding rounds have included a U.S. or Asian investor, up from 10% in 2015, venture capital firm Atomico claimed in itsThe U.S.-China trade war makes Europe look like a relatively safe middle-ground, but that's not why North American and Asian investors are choosing to back European start-ups, according to Tom Wehmeier, partner and head of research at Atomico.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China’s New $21 Billion High-Tech Manufacturing Fund Likely to Rankle U.S.China’s New $21 Billion High-Tech Manufacturing Fund Likely to Rankle U.S.China set up a $21 billion fund to further develop its advanced manufacturing sector, demonstrating that Beijing is pursuing its ambition to lead globally in technology, despite U.S. criticism of subsidies.
Read more »

10 things in tech you need to know today - Business Insider10 things in tech you need to know today - Business InsiderA security flaw in Google's Android lets malicious apps access users' camera and microphone to secretly record them.
Read more »

Big Tech takes aim at the low-profit retail-banking industryBig Tech takes aim at the low-profit retail-banking industryThe new initiatives from Big Tech marks the drastic acceleration of a trend that could reshape the finance industry
Read more »

10 things in tech you need to know today10 things in tech you need to know todayWeWork has laid off 2,400 employees.
Read more »

Morgan Stanley's wealth head Andy Saperstein on wealth tech training - Business InsiderMorgan Stanley's wealth head Andy Saperstein on wealth tech training - Business InsiderMorgan Stanley's greener employees are teaching experienced financial advisers how to use its WealthDesk tools. It's a way to help out —and potentially rise through the ranks.
Read more »

Medieval Catholicism nudged Europe towards democracy and developmentMedieval Catholicism nudged Europe towards democracy and developmentPopulations originating in areas that spent longer under medieval Catholicism are more trusting and less conformist
Read more »



Render Time: 2025-03-09 23:46:40