08.3 Expanding European investor base Asian investors are starting to deploy large sums of ASIAN INVESTMENT ACTIVITY IN EUROPE capital into European tech startups Increase in total investment into European tech companies via rounds involving Asian 23X investors over the past 5 years, from less than $200million in 2013 to a projected $3.8 billion in 2018 The rapid growth in investor interest in Europe from Asia has been underpinned by a large expansion of capital invested in Europe from China. Chinese investors will have The rapid growth in investor interest in Europe from Asia has been underpinned by a huge expansion of capital participated in rounds totalling more than $1 billion in commitments to European tech invested in Europe from China. Chinese investors are on track to surpass more than $1B in commitments to companies in 2018 for the first time, a more than 10x increase since 2013. European tech companies in 2018 for the ïrst time, a more than 10x increase since 2013. Capital invested ($M) and # of deals by 33 Chinese investors in Europe 1,062 1,000 30 LEGEND Amount ($M) ) 24 776 M $ 750 21 ( # # of deals d e o t f s 20 e d v e n a i l s l a t 500 pi a 12 C 363 10 250 6 248 90 76 0 0 2013 2014 2015 2016 2017 2018 forecast Note: Source: Forecast created by Dealroom.co 115 In Partnership with & www.thestateofeuropeantech.com Photo: Jussi Hellsten

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