From CB Insights, March 23:
Our graphic highlights the top-funded tech startup in every European country, including unicorns like Sweden's Klarna and Germany's N26.
Europe is home to prominent startup and innovation hubs across cities like Berlin, Stockholm, London, and more. But the tech boom is diffusing across the continent — and startups are emerging far beyond the established tech hotbeds.
Since 2015, nearly $130B has been invested across more than 23,600 equity deals to tech startups on the European continent.
This includes investments into leading tech companies such as delivery marketplace Glovo in Spain, music streaming platform Deezer in France, and transportation and ride-hailing network Bolt in Estonia.
Using CB Insights data, we identified the most well-funded VC-backed tech startup in each country in Europe. Collectively, the startups on our map have raised more than $13B in disclosed equity funding.
See the full infographic below, and the complete list of startups at the end of this post.
Our analysis ranks companies based on total disclosed equity funding and only considers VC-backed tech companies that have raised an equity round since 2016. Companies must have raised a minimum of $1M in equity funding.
Please click to enlarge.
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