in

European tech startups raise $21 billion from investors as 2021 looks set to beat records

  • VCs have invested €17.6 billion ($21.25 billion) into European startups in Q1 2021, new data shows.
  • High-profile IPOs by Deliveroo and TrustPilot have sent EU exits to a quarterly high of €21 billion.
  • America’s SPAC craze is set to push across into Europe, according to Pitchbook analyst Nalin Patel. 
  • See more stories on Insider’s business page.

Venture capital investment into European startups in 2021 is set to eclipse the €45.3 billion ($54.7 billion) record set last year, new figures show.

A quarterly high of €17.6 billion ($21.25 billion) was invested into companies across Europe in the opening three months of the year, according to figures from research firm Pitchbook.

The US has long dominated VC investment across the world with $156 billion invested into domestic…

Read further.

Brand Destination Germany shapes positive mood at launch of vGTM 2021

Covid-19: New Zealand citizens stuck in India due to travel bans in transit countries

Covid-19: New Zealand citizens stuck in India due to travel bans in transit countries