EU joins up with venture capital firms to boost region's tech sector
BRUSSELS, Oct 21 (Reuters) -The European Union said on Monday it had joined forces with leading venture capital firms from the region to boost investment in tech innovation in Europe, amid concerns that Europe's tech sector is lagging the United States and China.
The initiative, dubbed by the EU as the "Trusted Investors Network", comes as Europe tries to keep pace with the bigger and more innovative tech industries in China and world-leader the United States.
The EU said 71 investors from across Europe, holding in total more than 90 billion euros ($98 billion) worth of assets, had signed up to the initiative whereby they will invest in European deep-tech companies.
It added that the agreement with the venture capital firms fitted with recommendations in a report published last month by former European Central Bank chief Mario Draghi, in which Draghi said the EU needed far bigger and quicker investments to keep pace economically with the United States and China.
"By joining forces with venture capital, we are responding to the urgent challenges laid out in the Draghi report that call for bold action to ensure Europe's competitiveness in critical technologies," said EU Commissioner Iliana Ivanova in a statement.
Data published in July showed that artificial intelligence deals had lifted U.S. venture capital funding to its highest level in two years.
($1 = 0.9221 euros)
Reporting by Sudip Kar-Gupta; editing by David Evans
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
