Europe's tech sector shrugs off uncertainty

New York

THERE are plenty of reasons to avoid doing business in Europe: sluggish economic growth, concerns over security and terrorism, as well as political uncertainty. But venture capitalists and technology startups across the region have considered those risks and met them with a collective shrug.

Funds have continued to raise large amounts of money to finance startups from Berlin to Bratislava, Slovakia, despite the rise of populist parties ahead of elections in France and Germany this year, questions over Britain's exit from the European Union and terrorist attacks that have left many on edge.