For a long time, the United States has been the birthplace of many start-ups innovating and developing new technologies to support people and businesses. Now, there is rising interest among investors in fast-growing European tech start-up companies. This rising interest is boosting valuations thus leading to an increasing number of tech unicorns.

According to investment analyst Dealroom by the middle of this year, American venture capital investors had already placed $10.1 billion into Europe’s startups. Considering the total for 2020 as a whole was $9.3 billion, there has been a significant increase in interest in European tech start-ups.

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