Tag: EU unicorns

Here you will find all the articles with the tag: EU unicorns.

EU tech unicorns grew at a much faster rate

EU tech unicorns grew at a much faster rate

According to a recent analysis from i5invest, an Austrian IT M&A international consulting and investment organization, European tech companies are pulling ahead in terms of new tech unicorns created. In 2021, 85 new digital businesses with a capitalization of $1 billion or more were founded ... Read more

date2 years ago
European alliance launches unicorn growth initiative

European alliance launches unicorn growth initiative

On Wednesday, Europe Startup Nations Alliance officially launched an initiative to double the number of European unicorns by 2030. The alliance, made up of 27 nations, was started by the Portuguese government with backing from the European Commission. The alliance’s mission is to support natio... Read more

date2 years ago
Europe has now created more billion-dollar companies than China

Europe has now created more billion-dollar companies than China

Europe's unicorn herd is now bigger than China's, after seeing more venture capital than ever this year. Since 1990, Europe has created 296 companies valued at more than $1 billion, whereas China has created 276. New data from Dealroom shows that the region has produced 72 new unicorns in 2021, ... Read more

date3 years ago
Macron wants EU-wide tech company initiative to create tech giants

Macron wants EU-wide tech company initiative to create tech giants

France's president, Emmanuel Macron, outlined an ambitious plan for the European Union to create its own tech giants worth over 100 billion euros (over $120 billion) in valuation. The plan is to create ten of them to compete with the U.S. companies that dominate the tech industry across the globe. ... Read more

date3 years ago