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European startups are on track to raise more than $100 billion in 2021, smashing funding records and edging closer to the US and Asia

European startups are on track to raise more than $100 billion in 2021, smashing funding records and edging closer to the US and Asia
DollarsYulia Reznikov


European tech startups attracted record funding, despite COVID-19 challenges.




Early-stage deals are now almost on a par with the US market by global capital invested.




More than $1 trillion of startup value was added in the first 8 months of 2021 alone.A 


European startups are on track to raise as much as $121 billion in external capital in 2021, according to analysis by venture capital firm Atomico, a record investment figure.That is almost three times the investment amount startups in the bloc secured in 2020. Around 100 new unicorns a?? startups crossing the $1 billion valuation mark a?? were minted in 2021, bringing the region's total to 323.
European startups are on track to raise more than $100 billion in 2021, smashing funding records and edging closer to the US and Asia
Atomico projected that total investment could be as high as $121 billion in 2021.Dealroom/Atomico"It took many decades to get to $1 trillion of startup value in Europe, which was reached in December 2018," said Atomico partner Tom Wehmeier. "Twenty-four months later the sector was worth $2 trillion and then this year it's hit $3 trillion."
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