- European startups raised record funding in 2021 while the region played host to 122 tech IPOs.
- The region’s startups are estimated to have landed $121 billion, according to data from Atomico.
- Insider picked out 55 global startups to bet your career on in 2022, these are Europe’s entries.
2021 was a record-breaking year for European tech.
The region’s startups raised an estimated $121 billion, almost trebling the $41 billion raised in 2020, according to an analysis by venture capital firm Atomico. In addition, Europe’s stock exchanges recorded 122 IPOs throughout the year, more than the 90 in the US, albeit with listings in the bloc coming at a lower valuation.
Startups like food delivery firm Deliveroo, payments firm Wise, and security firm Darktrace, all went public in a busy year for the bloc’s bourses. Meanwhile, fintechs like British challenger bank Revolut and German fintech N26 raised eye-watering sums in a demonstration of VC appetite.
Europe has its strongest ever pipeline of early-stage startups and in 2021 accounted for 33% of all capital invested globally in rounds of up to $5 million, compared with 35% from the US. There has also been a boom in late-stage and large-scale funding rounds, reflecting firms opting to stay private for longer and raise funds from private backers.
Tech startups from the continent have never had it so good, and nine were included in Insider’s global startups to bet your career on list for 2021. Insider’s list for Europe includes five financial services or insurance players, alongside healthcare, food waste, no-code, and data compliance companies.
The companies met one or more of the following criteria: They are creating a new and important technology, fostering a great workplace, raising funding from marquee investors, and grabbing industry attention or cool partnerships.
And because our goal was to spotlight startups where new hires can have an outsized impact, we filtered for seed through growth-stage startups that are valued below $10 billion.
Check out the nine European entries below:
Credit: Source link
