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European tech investments seen hitting US$13.6 billion this year

This would be up from US$12.6 billion in 2015 and almost 5 times the levels 5 years back: venture capital firm

Frankfurt

EUROPE'S tech sector is on track for a record level of investments this year but poor access to late-stage capital is keeping it from creating independent tech "gorillas", one of the region's most active investors said.

Europe is expected to hit US$13.6 billion in tech