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title: Immigrant founders get the job done
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Today: immigrants make up the majority of the US unicorn startup founder population, the entrepreneurial ripples of Universities, and Slush.

| View in browser NOVEMBER 18, 2025 Hi there. Don't miss the state of European deep tech event kicking off tomorrow morning Slush, from Dealroom, with Lakestar, Walden Catalyst, NIF, VSquared, Amadeus Capital Partners & Wilbe 💥 Grab your seat.  Immigrant founders power US unicorn hubs New data shows just how essential immigrant founders are to the US innovation engine. In Menlo Park, 87.5% of unicorn and $1B+ exit founders are originally from outside another country. Miami (85.7%), Cambridge (82.9%), Santa Clara (81.3%), and Palo Alto (79.2%) follow closely.   San Francisco and New York City are the cities with the most headquartered unicorns and $1B+ exits - 66% and 59% of their unicorn founders respectively are first generation immigrants. The most dynamic tech hubs are built on global talent, and the US's ability to attract the world's best and brightest has been one of its crucial entrepreneurial strengths.  New international student enrolment at US universities dropped 17% this autumn compared to previous years. While US student applications in Europe and Asia have spiked.   Understanding who builds the world's biggest companies is becoming just as important as tracking their funding. That’s why we've massively expanded its the depth and coverage of people-data in recent months, offering unprecedented visibility into founders, talent flows, and academic origins.   This chart comes from a new dashboard coming soon — but you can already tap into powerful people-related insights today, including: 4k startups founded this year by a serial founder 12k founders started company since 2024, and have worked at a unicorn 4k PhD founder startups, unfunded and founded last 3 years 600 deep tech startups, max $5M funding, founder studied in Switzerland 7k stealth startups If you have any requests for the new dashboard or would like to discuss people data and sourcing, just reply to this email. New founders Universities & entrepreneurial ripple effects  Alumni of the University of Lisbon have founded over 1k startups. They account for 1 in 4 of all startups in Lisbon, and 75% of local startup ecosystem value. The alumni-founded startup diaspora is also spread across over 40 countries worldwide.   New report from Dealroom x University of Lisbon explores the entrepreneurial impact of a single university's founder output for the very first time. University of Lisbon startup impact Upcoming Briefings: Spinouts & UK tech We run regular live video briefings on different topics in tech. With exclusive data on the latest trends, market movements, how to discover promising companies and live Q&A. Make sure to sign up to the upcoming sessions.  27 Nov - Spinouts Briefing 9 Dec - UK Tech Briefing 17 Dec - Building Tech Ecosystems And watch back recent eps on Defence, Longevity, Climate Resilience, Deep Tech and more.  Dealroom Briefings Also 🌏 Globalscape from Accel - their annual report, and an essential read on Cloud & AI. This year's theme: Road to Compute.   🇯🇵 Japan-Europe: A Rising Tech Alliance - Japanese investments in the European startup and venture capital sector, new report in collab with NordicNinja.   🇪🇺 Startups driving Europe’s AI transformation - report analysing startup & investor activity across ten industrial verticals of the EU’s Apply AI strategy.   🛡️ The Nordic Defence tech report, with Danske Growth.   🌱 The State of Impact 2025 - a decade in transition. New report with Impact City and Microsoft's Entrepreneurship for Positive Impact.   🗞️ Japanese investors turn to Europe as deep tech boom lures capital abroad - CNBC, with Dealroom data.   🗞️ 10 top Tech companies based in Lagos (2025) - Techpoint Africa, with Dealroom data.   🗞️  Revealed: the 100 fast-growing European tech scaleups that can deliver long-term growth and diversification for Asia's investors - Manila Times, with Dealroom data.   🗞️ Europe's 10 fastest-growing AI agent startups - Sifted, with Dealroom data.   Book a demo Dealroom.co, Cornelis Dirkszstraat 27-2, 1056 TP, Amsterdam, The Netherlands Manage preferences |
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