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title: Where is the New Palo Alto?
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This week: the next great tech ecosystem, a thought experiment. Insurtech death, spacetech database, and European unicorn hunting.

| View in browser JUNE 30, 2022 Hi there. We recently quietly launched a cool new platform beta feature 👀 - Dealroom Signal is a predictive algorithm to discover the most promising companies.  Where is the next global centre of innovation? For the best part of 70 years, Palo Alto has been the world’s cradle of innovation in information technology, the singularity of Silicon Valley.   In the last decade, Europe has built a host of frontier tech hubs, but it also sits on strong fundamentals – leading research universities, a shared value system, engaged policy makers, embedded public transport infrastructure and hungry talent. Now it’s time to compete at the next level – take the template, evolve it, and make it its own. A connected, collaborative cross-border ecosystem.   Some of the most iconic US cities take their names from European counterparts, from New York to New Orleans.  It’s time for Europe to build New Palo Alto. Read the report   Insurtech death? 2021 and 2022 brought fears of "insurtech death", but is it really that dramatic?   Well the funding environment has definitely changed from last year's euphoria, but it's more rationalization than collapse. There are strong signals that insurtech is here to stay and thrive, especially in Europe. Early and mid-stage investment is more active than ever, and insurtech is still relatively underinvested as a sector. Our new report with Mundi Ventures, MAPFRE, and NN Group explores. Read the report   Also 🛰 World-first space tech database, tracking 2.5K startups working on stratospheric balloons, space utilities, semiconductors & more, created with the European Space Agency.   🎟 Dealroom Talks, July 7th: The State of European Mobility Startups - H1 2022, with via ID & Mobility Club. Grab your seat.   🦄 Affinity's European Unicorn benchmark report.   🤝 We've also teamed up with Affinity to plug Dealroom data directly into their relationship intelligence platform.   🇳🇱 Amsterdam startups in H1, a report - A quiet H1 for funding, but record dry powder raised by local VCs in Europe's second most valuable tech hub.   🌱 Britain is a great place to start a company, but a bad one to scale it up - The Economist, with Dealroom data. Like and subscribe. Stay informed on key verticals and themes with our Thematic Newsletters for free by visiting your account settings.   Think a friend might like this weekly newsletter? Do forward it on and they can subscribe here. To get pro-tips about creating and refining searches, and set up useful notifications, download Dealroom's quickstart-guide. Dealroom.co, Cornelis Dirkszstraat 27-2, 1056 TP, Amsterdam, The Netherlands Manage preferences |
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