Resilient European tech startups near record $41 billion investment - report

FILE PHOTO: The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange in New York, U.S., May 3, 2018. REUTERS/Brendan McDermid

With 115 venture capital-backed ‘unicorns’, with a valuation of more than $1 billion, the total valuation of tech firms founded in Europe since 2000 has grown to nearly $1 trillion. While Europe still lags North America by five to one in terms of dollars invested, the amount of institutional money flowing into venture capital has grown threefold over the last five years, Atomico estimates.

Although travel tech has been hit hard by lockdowns, Berlin startups GetYourGuide and Omio attracted fresh funds from investors taking a view that they will prosper once the pandemic passes.Europe notched up 32 initial public offerings by technology firms through October, with just three valued above $1 billion, overshadowed by outsized tech IPOs in the United States.

This retarded platform does not even differ metal music from rock music

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Resilient European tech startups near record $41 billion investment, reportEuropean tech startup investment has bounced back from the spring shock of the coronavirus outbreak and is on track to hit a record high this year, venture capital firm Atomico forecast. thanks Good news for EITeu They also invest in cryptocurrency
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Analysis: From famine to feast, investment in European tech startups roars backWith Europe in coronavirus lockdown, venture capital fund manager Fergal Mullen told his investors in April he would find it hard to back a startup without first meeting its founders.
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

What investors are watching for as UBS prepares to kick off Europe's bank earningsWith European banks set to begin reporting fourth-quarter and full-year earnings, analysts are expecting a resilient performance led by investment banking revenues. wow
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »