Chinese investors spent the same on European tech as in US companies, Q1 report says

published 20.05.2020 10:00

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The report says Japan became the most active Asian tech investor in Europe and the US in Q4 2019, and continued to lead the ranking during the first quarter of 2020.

According to the report, European investors spent $700 million across 36 deals, mainly in China and Southeast Asia.

An overview of Asian tech transactions into the European and US technology ecosystems.

window.jwLibrary = "chM58Ml7"; The report, titled ‘Asia Insights: Q1 wrap-up from one of the first markets to reopen,’ says that tech investment in the US reached a historical low in Q1 — with little sign of recovery considering the tense relationship between the Western country and China.

A new report by GP Bullhound states that Chinese investment into European tech has caught up with that into the US for the first time since Q1 2018.