IOEKTA | Creative Unity

Are European tech startups in the shadow of the US?

The European Union created a pool of 80 million euros to give the region’s startups a helping hand in 2014.

Yet, the investment continues to dog European start-ups with companies not being able to access capital as freely as their U.S. counterparts. European VC investment totalled $5.7 billion in 2012 with 1,074 investment rounds, while the U.S figure hit $29.7 billion with over three times the number of investment rounds.

Follow this link to the full article on CNBC.