EU tech investment holds up under the impact of COVID-19 pandemic
EU tech investment holds up under the impact of COVID-19 pandemic European tech investment did not collapse under the weight of the COVID-19 crisis, a report from Atomico shows. Instead, Europe seems to have benefited from going online. Disclosed investments in EU technology are in line to reach $34.9 billion in 2020, with the expectation that a record of $41 billion will be hit when data from all funding rounds is collated. That will exceed the $38.6 billion invested in 2019, when there were almost 180 companies valued at $1 billion or more. Atomico’s report shows institutional investors...
Source: sciencebusiness.net