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

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.

United States United States Latest News, United States United States Headlines

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

10 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Big 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
Source: TheEconomist - 🏆 6. / 92 Read more »

Morgan 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.
Source: BusinessInsider - 🏆 729. / 51 Read more »