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European tech’s record funding year

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Despite the disruption of the pandemic, 2021 is set to be an incredible boom year in investment in European technology companies.

Atomico, the VC firm founded by Skype’s Niklas Zennström in 2006, published its annual State of European Tech report today, with a headline number of $121bn invested this year — nearly three times the 2020 figure of $41bn and 10 times what it recorded in its first report in 2015.

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