In Partnership with
&
The State of European Tech 2020 is now liveREAD IT HERE
MenuCreated with Sketch.

01

Key Findings

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
02

The State of European Tech 2019

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
03

Investments

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
04

Investors

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
05

Diversity & Inclusion

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
06

People

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
07

Purpose

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
08

Places

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
09

Policy

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
10

About

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.
11

Appendix

CCE0B547-8741-413C-87E1-6A66D227929BCreated with sketchtool.

Make the most of this years report

Keyword search

Search for charts

Download csv data

Download chart images

Key Findings

Key Findings
Key Findings

01

Country Highlights

Key figures for European countries with invested capital over $100M in 2019

View figures for:

Source:

Talent

6.1m

professional developers

2018

5.7m

USA

4.3m

Investment trends in 2019

$34.3B

capital invested

# of rounds

4,608

#1 Hub

London

Largest Tech Communities

  1. London
  2. Berlin
  3. Paris

$B+ Companies in 2019

99

$B+ companies

2018

85

# countries with a $B+ company

20

02

Capital Invested in Europe

We are on track to surpass $110B capital invested in Europe since 2015

Cumulative investments by European cities ($M), 2015 - 2019 9M

Source:
Visualised with:

3

Countries (United Kingdom, Germany and France) surpassed $10B cumulative capital invested since 2015

29

Cities across Europe attracting over $100M of capital invested in 2019 alone

03

$B+ Companies

Meet Europe’s billion-dollar success stories

Cumulative number of VC-backed European tech companies by country and by year of reaching a $B+ valuation

Source:
Visualised with:

20

countries with a VC-backed tech company reaching a $B+ valuation

100%

of $B+ European tech companies founded after 2010 were VC-backed

04

VC Funds raised

We had another record year in 2018 with European VCs raising more than $13 billion

Cumulative VC funds raised 2010-2014 vs. 2015-2019

Source:
Visualised with:

$50B

funds raised by European VCs from 2015-2019 H1

$902M

record investments by pension funds in European VC in 2018

05

European Tech Founders

We surveyed more than 1,200 founders from across Europe - explore the dataset!

European founders survey responses (anonymised)

Source:
Visualised with:

81%

lived comfortably/met basic expenses with extra left over

21%

of founder respondents self-identify as female

06

Diversity & Inclusion

There is no material improvement in the share of capital invested in European tech companies going to diverse founding teams.

Capital invested ($B) by founding team gender and round size, 2015-2019

Source:
Visualised with:

$92

in every $100 invested in Europe went to founding teams that are all men

1 in 12

For every woman executive, there are 12 men executives

07

Purpose

Purpose-driven investment

There are more than 500 European tech companies founded since 2005 that are tackling at least one of the UN’s Sustainable Development Goals as a core part of their mission.

Source:
Visualised with:

$4.4B

capital invested in purpose-driven European tech companies in 2019

12.3%

of total capital invested into European tech in 2019, more than double any previous years