30-11-2016 12:33 via uk.news.yahoo.com

Europe on track for record tech investments this year: Atomico

By Mia Shanley and Eric Auchard HELSINKI/FRANKFURT (Reuters) - Europe's tech sector is on track for a record level of investments this year but poor access to late-stage capital is keeping it from creating independent tech "gorillas", one of the region's most active investors said. Europe is expected to hit $13.6 billion in tech investments in 2016, up from $12.6 billion in 2015 and almost five times levels five years ago, venture capital firm Atomico said in a report released at Slush, one of t
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