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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
Add BT as a preferred sourcePublished Wed, Nov 30, 2016 · 09:50 PM
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 investments in 2016, up from US$12.6 billion in 2015 and almost five times the levels five years ago, venture capital firm Atomico said in a report released at Slush, one of the region's biggest tech startup conferences.
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