European startups are being flooded with cash thanks to mega-rounds and US giants hovering for deals

KlarnaKlarna founders Sebastian Siemiatkowski and Niklas Adalberth. Klarna is thought to be the most valuable startup in Europe.Funding for European startups is set to hit a new record, with an estimated $30 billion to be invested in tech companies in 2019, according to a new survey from investment firm Atomico.Venture capitalists are raising more money too with numerous high profile funds seeing major inflows from institutional investors looking to profit from Europe's increasingly mature ecosystem. 2019 has also seen a record number of $100 million-plus fundraises as the scope of European tech moves further into line with US and Chinese giants. HELSINKI - Europe's tech ecosystem has been booming in recent years across all sectors and the figures for 2019 back it up.The continent is on track

from Business Insider India https://ift.tt/2O9Jm1r

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