Venture Capital/News/ Europe now has 60 startup unicorns How many have you heard of? By Amy Lewin 23 November 2020 \Venture Capital It's easy to blame founders, but should VCs have known better? By Finn Murphy 24 May 2022 Venture Capital/News/ Europe now has 60 startup unicorns How many have you heard of? By Amy Lewin 23 November 2020 Like it or not, startup ecosystems are partly defined by how big their unicorn herds are; in other words, by how many companies have hit the billion-dollar valuation mark. In Europe, the unicorn count is steadily growing — and has now hit 60. In 2020 so far, several new unicorns have been ‘born’ — including super-speedily growing events platform Hopin, meal kit company Gousto, communications platform MessageBird, fitness business Gymshark, payments fintech Mollie, messaging platform Infobip, online used car retailer Cazoo, rental kitchens company Karma Kitchen, cybersecurity startup Snyk and electric vehicle maker Arrival. There are also plenty more fast-growing startups likely to join the list soon, from French healthtech startup Alan to German fintech Solaris Bank. Others will leave: Europe has also seen several IPOs this year, including The Hut Group (although Covid has slowed things here) — and is likely to see many more in 2021. To help you keep track of it all, Sifted’s team has compiled a list of Europe’s unicorns using data from European Startups and our own research. Read it here. We’ll update the list whenever a new company hits the billion-dollar valuation. N.B. To make the list, companies must hit the following criteria: headquartered in Europe; founded in 2000 or later; private (not listed or acquired or spun out of a larger company). See the full list of Europe’s 60 unicorns here. Related Articles Cat tech: A purr-fect VC opportunity By Tom Ritchie Click here to read more Backlash against “sauna parties” at tech conferences By Mimi Billing Click here to read more “Technologies and practices change – people never do” – Bookclub with Swoop’s Andrea Reynolds By Chris Sisserian Click here to read more Pitching to this London VC is (literally) a walk in the park By Carly Minsky Click here to read more Most Read 1 \Venture Capital What’s going on with European startup valuations? 2 \Fintech Klarna lays off 10% of its team amid valuation crunch 3 \Venture Capital Meet the 17 European startups selected by Sequoia’s accelerator 4 Member \Sustainability Ranked: Europe’s top climate tech investors 5 \Startup Life The metaverse sucks — IRL meetings are the way to go for growth Join the conversation Subscribe Notify of new follow-up comments new replies to my comments
“Technologies and practices change – people never do” – Bookclub with Swoop’s Andrea Reynolds By Chris Sisserian Click here to read more