Axios
U.S. venture capitalists bet big on European startups
American venture capitalists are investing record sums in European startups, setting themselves up to repatriate returns.By the numbers: European deal value with U.S. VC participation hit €50.8 billion over the first three quarters of 2021, per PitchBook. Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeA record 21.2% of European deals in 2021 had at least one U.S. investor on board, up from 17% in 2020 and 15% in 2019.The big picture: Europe’s