European tech startups and scaleups to watch in 2021

Europe’s startup scene is often overshadowed by Silicon Valley, but the continent is gaining ground with more than 70 tech startups valued at over $1bn.

Europe’s startup scene is often overshadowed by Silicon Valley, but the continent is gaining ground with more than 70 tech startups valued at over $1bn.

Here, Sifted’s reporters dig into the data, strategy and challenges behind the most important European startups and scaleups. We ask which companies are making waves and which are the ones to watch in 2021?

Keep reading below and stay informed about Europe’s new economy!

For in-depth analysis of the French tech ecosystem, dive into our recent report here.

(P.S The data is from European Startups with valuation estimates from Dealroom. If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Impress's logo

Impress

Invisible orthodontics

health / medical devices

smile2impress.com

Barcelona, Spain

2019

€50m

SERIES A

€182-273m

100-500

Belvo's logo

Belvo

An open banking platform that enables any company or developer to access and interpret their end-user’s financial information

fintech / banking

belvo.com

Barcelona, Spain

2019

€50m

SERIES A

€156-235m

50-100

StuDocu's logo

StuDocu

Allows students to share their notes, summaries and tests

education /

studocu.com

Amsterdam, Netherlands

2010

€47m

SERIES B

€182-273m

50-100

Bluecode's logo

Bluecode

Blue Code is Europe's leading digital payment network. Follow us to stay up-to-date with all of our latest news!

fintech / payments

bluecode.com

Lachen, Switzerland

2017

€43m

LATE VC

€80-120m

10-50

Valour's logo

Valour

Offers exchange-traded products, listed on regulated stock exchanges, that enable individuals and institutions to invest in digital assets simply and securely

fintech / wealth management;crypto and defi

valour.com

Zug, Switzerland

2019

€42m

ACQUISITION

€167-250m

1-10

Nexxiot's logo

Nexxiot

Digital supply chain solutions

enterprise software /

nexxiot.com

Zürich, Switzerland

2015

€38m

LATE VC

€91-136m

10-50

Oxygen's logo

Oxygen

Decentralized finance protocol

fintech / crypto and defi

oxygen.org

Zug, Switzerland

€36m

EARLY VC

€145-218m

Aiforia | Fimmic's logo

Aiforia | Fimmic

Aiforia Tech is developing intelligent, cloud-based deep learning image analysis solutions for digital pathology

health;enterprise software / biotechnology

aiforia.com

Helsinki, Finland

2013

€34m

SERIES B

€101-151m

10-50

ecoRobotix's logo

ecoRobotix

Precise, safe, reliable and affordable robotic solutions that simplify farmers’ life to produce healthy and affordable food

food;robotics / agritech

ecorobotix.com/en

Yverdon-les-Bains, Switzerland

2014

€32m

SERIES C

€53-80m

10-50

Virta's logo

Virta

Provide leading-edge smart charging services for EV drivers and companies alike with a vision of a clean, carbon-free future with silent EVs driving emission-free down the street

energy;transportation / energy efficiency;mobility

virta.global

Helsinki, Finland

2013

€30m

EARLY VC

€120-180m

100-500

Yousician's logo

Yousician

Revolutionary platform to learn and play music

music;education /

company.yousician.com

Helsingfors, Finland

2010

€29m

SERIES B

€102-153m

100-500

Alpian's logo

Alpian

A new Swiss financial services firm that will combine everyday banking services, personal wealth management, and tailored investment products - all in one app

fintech / wealth management;banking

alpian.com

Carouge, Switzerland

2019

€28m

SERIES B

€65-98m

10-50

Komgo's logo

Komgo

Software development and IT services company, offering digital network and workflow solutions that overcome the shortcomings of today’s trade finance ecosystem

fintech;enterprise software / wealth management

komgo.io

Genève, Switzerland

2018

€26m

EARLY VC

€105-158m

50-100

spiden's logo

spiden

A revolutionary leap forward in the well-being of humanity through real-time continuous blood monitoring

health / medical devices

spiden.com

Freienbach, Switzerland

2017

€23m

EARLY VC

€65-98m

10-50

Ironhack's logo

Ironhack

An international tech school that offers intensive courses and bootcamps

education;event tech /

ironhack.com/en

Madrid, Spain

2013

€23m

SERIES B

€66-99m

100-500

Tesseract's logo

Tesseract

Providing digital asset management solutions focused on investing, portfolio management, capital markets, and blockchain technology

fintech / crypto and defi

tesseractinvestment.com

Helsinki, Finland

2017

€23m

SERIES A

€91-136m

10-50

Fiksu Ruoka Oy's logo

Fiksu Ruoka Oy

Challenges traditional grocery market by selling surplus batches of food with large discounts in web store

food / food logistics & delivery

fiksuruoka.fi

Espoo, Finland

2016

€21m

EARLY VC

€76-114m

10-50

Planted Foods's logo

Planted Foods

We make 'meat'​ from plants - delicious, healthy, cruelty-free and sustainable. Saving the world one bite at the time

food / innovative food

en.eatplanted.com

Pfäffikon, Switzerland

2019

€20m

SERIES A

€57-85m

50-100

Flowhaven's logo

Flowhaven

The all-in-one platform that empowers teams to run licensing programs and workflows with confidence!

legal;enterprise software /

flowhaven.com

Helsinki, Finland

2016

€19m

SERIES A

€58-87m

50-100

Zapper.fi's logo

Zapper.fi

The ultimate hub for managing DeFi assets & liabilities. Zapper Exchange is a DEX aggregator powered by 0x API, sourcing the best trading rates in DeFi across 20+ liquidity sources

fintech / crypto and defi

zapper.fi

Finland

2020

€15m

SERIES A

€55-82m

10-50

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