Europe to Surpass $100 Billion in Startup Funding This Year
- Technology companies worth more than $1 billion pass 320
- Gap with U.S. narrows, Europe reaches parity on earlier rounds
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Europe’s technology sector is set to bring in more than $100 billion of annual investment for the first time this year, capping off a period of deal-making and surging valuations.
With nearly three times as much capital projected to be raised this year compared with 2020, the total number of tech companies in Europe valued at more than $1 billion now exceeds 320, according to data compiled by London-based venture capital firm Atomico.