Venture capital investment in European startups is close to hitting $100 billion this year. This is close to the annual amount invested in USA startups just a few years ago: app.dealroom.co/transactions.r…
🚀 Breaking the 'Europe is behind' narrative:
European startups are quietly writing a different story. Each new generation taking a bigger slice. Young EU startups now = 18% of new global tech value. Today's Big Tech companies were uncontested in 90s and 00s.
Full @dealroomco
📊 EU27 vs US economies, three perspectives:
1) Nominal GDP shows dramatic US lead
2) Fix FX rates = gap largely disappears
3) Adjust for purchasing power (PPP) = economies look similar
Up to 2005: Silicon Valley is virtually unchallenged
2005-2015: Adyen, Spotify, Just Eat Takeaway, are category leaders
Last 7 years: 30% of global seed investment goes to European startups
Europe today: largest ever pool of startup talent, experienced VC scene, the highest
We know that Venture Capital is governed by power laws. But how extreme are these laws? A new @dealroomco report provides new levels of transparency about the VC landscape.
There are 10,057 investors active in EMEA - 5x more than a decade ago. Over half of them invest from the
This is European Deep Tech:
🛡️ Resilience Tech
🛸 AI for Aerospace & Defence
🦾 Autonomous Systems for Defense
🕹️ Unmanned Ground & Sea Vehicles
🛰️ AI for Defense and Surveillance
🚁 Drones & Drone Swarms
📡 Quantum Communication Networks
🎯 AI-Driven Cybersecurity
🧠
Peter Thiel on @auren's podcast: companies started since 1990 worth $100B+: 11 are in the US, 6 in China. Zero everywhere else. Extraordinary failure of Europe and all these other places. You'd be so much much rather be in the US.
Harsh words but the facts check out and out are
There's more entrepreneurial talent than ever before in Europe & Israel. New report by @accel and @dealroomco on founder factories and the flywheel effect. At least 32 qualified startups have "spun out of" Spotify and Delivery Hero, and 31 out for Criteo.
0/ @dealroomco raised a Series A round! Feeling extremely proud of the team and their passion for and belief in our mission to provide data transparency to entrepreneurial ecosystems. More:
Europe excels in academic research and talent, but falls behind the US in converting innovation into scaled startup success.
"The biggest risk for Europe is that we do not take enough risks!" - @hermannhauser
From @atomico's seminal State of European Tech: Skype triggering a massive snowball effect. Now imagine 350 Skypes (realized $1B+ exits in Europe) and another 300 in the making. But what's even more encouraging: Europe is winning over international talent. Massive props once
