Germany Leads Europe in AVs, Robotics

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LONDON , Dec. 19, 2017 –  Germany is perceived to be a clear leader amongst European countries in the race to build a world-leading position in autonomous vehicles and robotics, according to the latest annual State of European Tech 2017 report published by VC firm Atomico.

In a survey of 3,500 people from across the European tech industry, respondents said Germany would be a leader in autonomous vehicles, robotics and quantum computing, while the UK would lead in artificial intelligence and France in drones.

According to the report, about $3.5 billion has been invested this year in Europe's deep tech companies – which includes semiconductors, IoT, robotics and artificial intelligence – in more than 600 deals. European chip companies have raised about $1.1 billion in 172 deals since 2012, according to the report.

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