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Research: Funding into European tech grew by 36% in 2017

Lisbon

European technology startups raised a staggering €19bn in 2017, representing a 36% increase from €14.3bn raised the previous year.

According to Tech.eu, Stripe and Techstars, early-stage investment into European tech startups has experienced an unprecedented level of growth, both in terms of total funding and the volume of investments made.

The report states that early-stage funding in Europe increased four-fold in the period from H1 2015, going from €875m invested in the first six months of 2015 to more than €3.6bn in H1 of 2018.

The UK and France were the strongest nations.

According to the data, France and the UK are neck and neck when it comes to early-stage (EST) investment. France generated almost a quarter (24.04%) of EST deals in Europe, just shy of the UK’s 24.59% piece of the EST investing pie. ...

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