European founders have long treated New York as a gateway to US capital and customers. A new Sifted report asks whether the relationship is becoming more mutual, with New York investors and tech companies showing greater interest in European startups.

The piece frames the question as timely: as European tech matures, US investors are increasingly scanning the region for opportunities. It also suggests that New York’s startup scene is starting to look across the Atlantic more seriously, though the report is based on one outlet’s reporting rather than a broad data set.

Because there is only one source, there are no conflicting accounts to weigh. The article is best read as a signal of sentiment, not a definitive measure of transatlantic deal flow.