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

By: Sam Shead

European tech start-ups have seen a huge surge in the amount of capital coming from investors in the U.S. and Asia this year, but it’s not because funds in these regions are simply “hedging” their bets amid the US-China trade war.

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 its annual State of European Tech report this week.

The 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.

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