Europe has arrived on the global stage and has the potential to overtake it. Especially in Climate tech and Quantum Computing. 
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JULY 11, 2023

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Europe: future leader of new frontier tech? 

TL;DR:  Europe has finally moved into a position to not only challenge the tech industry dominance of the US but has the potential to overtake it. Especially in Climate tech and Quantum Computing where Europe makes up ~1/3 of global funding. 

 

In brief, a few key insights: 

  • Europe attracts 20% of global VC funding (compared to less than 5% two decades ago) with more than a third of global investments at early-stage.
  • The total number of unicorns in Europe has grown 88% compared to the US’ 56% since 2014, making it the region with the highest density of unicorn tech hubs in the world. 
  • 22% of total European funding is going into climate tech in 2023 compared to 7% for the US. 
See full report
Global share of funding across segments (2022-2023YTD)

ECOSYSTEM SPOTLIGHT 

🍁 5 questions to... StartupMontréal!

StartupMontréal is the key point of contact for all things startups in Montréal, Quebec. We sat down with the team to discuss the region’s singularities, strengths, and ambitions. 

Learn more
Total enterprise value of startups founded or Hq'd in Quebec, Canada

IN THE NEWS

  • 🦁 Unveiling Netherlands' Powerhouses of Innovation: The Top 250 Growth Companies. Explore the full list here. 
  • 🌟 Unlocking Europe's Tech Potential: Is a Golden Decade on the Horizon?
  • 💏 Tech Hubs Unite: Miami and Madrid's Dynamic Relationship Revealed
  • 🤝  Why Europe's 'lonely' tech entrepreneurs need help

  • 🇱🇹 Lithuania’s capital Vilnius to get ‘Europe’s largest tech campus,’ costing €100

UPCOMING EVENTS & PROGRAMS

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🇨🇦 July 12-14, Montréal, Canada

StartupFest, Canada’s original startup event is back in July with old favorites and some new tricks up their sleeve. 

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🇩🇪 September 1 - 5, Berlin, Germany

For almost 100 years, IFA has been at the forefront of innovations. IFA presents the latest products and innovations from around the world. 

🇳🇱 September 25, Leusden, Netherlands

The fastest-growing company in the Netherlands will be awarded the ‘Gouden Groeier–award’ together with winners of the Young, Female, and Impact Scalers. Join here. 

Know an insightful tech event in your region you would like to highlight?

Let us know!

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