Investors & Investment Following the Money 2018 set a new record for total capital invested in the European tech ecosystem, as European VC’s returns are now highly competitive against private equity in the U.S. The region’s investor base has also evolved as high net- worth individuals and family offices participate, even as pension funds have not stepped up their commitments and are failing to democratise European tech’s returns. ARTICLES 08.1 European Capital Flows 08.2 Capital Flows by Geography and Industry 08.3 Expanding European Investor Base 08.4 Bridging the Funding Gap 08.5 Diversifying the Institutional Investor Base In Partnership with & www.thestateofeuropeantech.com