Europe’s startup unicorns

Europe's unicorns, tracked.

Unicorns aren’t the rare beast they once were in European tech — despite the long odds that companies shooting for that milestone still face.

Europe is now home to over 120 unicorns, according to Sifted’s definition, 68 of which graduated in 2021 alone — more than triple the 18 new entries of 2020 and four times as many as all unicorns minted on the continent before 2014. That means Europe made more than five unicorns a month 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 — with valuation estimates from Dealroom. We’ll update the list whenever a new company hits the billion-dollar valuation.

Sifted defines a unicorn as a privately held, VC-backed company valued at $1bn. To be considered unicorns, startups must have: reached a $1bn valuation on any round previous to IPO or acquisition, been founded after 2005 and be both founded and headquartered in Europe. Companies valued at $1bn at IPO but never at any prior financing stage are not considered unicorns as they are no longer privately held at that valuation. Please let us know if we’ve missed any at [email protected]

Key

Year founded

Amount raised

Last funding round

Valuation

Employees

Zego's logo

Zego

Global insurtech business providing flexible commercial insurance for businesses & professionals

fintech / insurance

zego.com

London, United Kingdom

2016

232.29m

SERIES C

1.00

200-500

Gelato's logo

Gelato

A printing platform that offers customized print products for global e-commerce sellers

marketing / ecommerce solutions

gelato.com

Oslo, Norway

2007

244.55m

LATE VC

0.95

50-200

Enpal's logo

Enpal

Germany's online solar provider

energy / energy providers

enpal.de

Berlin, Germany

2017

251m

SERIES C

0.95

500-1000

Gousto's logo

Gousto

Is an online meal-kit manufacturer and retailer, using AI and automation to provide extensive choice and personalisation

food / food logistics & delivery

gousto.co.uk

London, United Kingdom

2012

188.66m

SERIES F

0.92

500-1000

ACT Commodities's logo

ACT Commodities

Worlds leading global provider of market-based sustainability solutions

fintech, energy / clean energy, energy efficiency, energy providers, banking, oil & gas

actcommodities.com

Amsterdam, Netherlands

2009

Undisclosedm

SECONDARY

0.91

200-500

Agile Robots's logo

Agile Robots

AI and robotics company developing systems that offer state-of-the-art full-body force sensitivity and world-leading vision intelligence

Munich, Germany

2018

209.09m

SERIES C

0.91

50-200

BitFury Group's logo

BitFury Group

Bitcoin Blockchain infrastructure provider and transaction processing company

fintech, semiconductors / crypto and defi

bitfury.com

Amsterdam, Netherlands

2011

181.97m

SERIES C

0.91

50-200

Brew Dog's logo

Brew Dog

Scottish beer brewery

food / innovative food

brewdog.com

Ellon, United Kingdom

2007

147.27m

LATE VC

0.91

500-1000

Britishvolt's logo

Britishvolt

UK’s foremost investor in battery technologies

energy, transportation / energy storage

britishvolt.com

Blyth, United Kingdom

2019

109.12m

SERIES A

0.91

50-200

DentalMonitoring's logo

DentalMonitoring

AI-based, remote monitoring platform for the orthodontics industry

health / health platform

dental-monitoring.com

Paris, France

2013

186.36m

GROWTH EQUITY VC

0.91

200-500

DocPlanner's logo

DocPlanner

The leading healthcare booking platform globally

health / health platform

docplanner.com

Warsaw, Poland

2011

125.93m

LATE VC

0.91

1000-5000

Feedzai's logo

Feedzai

Develops risk management tools to prevent fraud and money laundering in transactions

security, fintech / regtech, data protection

feedzai.com

Coimbra, Portugal

2011

251.05m

LATE VC

0.91

500-1000

HMD Global's logo

HMD Global

A start-up founded in Espoo, Finland, a collective of passionate and experienced people including some of the most talented and well-recognised leaders in the mobile industry today

telecom /

hmdglobal.com

Espoo, Finland

2016

300m

SERIES A

0.91

1000-5000

Infarm's logo

Infarm

Urban farming services company that develops farming tech for grocery stores, restaurants, and local distribution centres

food / agritech

infarm.com

Berlin, Germany

2013

429.71m

SERIES D

0.91

500-1000

Lendable's logo

Lendable

UK lending platform

fintech / mortgages & lending

lendable.co.uk

London, United Kingdom

2014

8.91m

SECONDARY

0.91

50-200

LMAX Exchange's logo

LMAX Exchange

European MTF for online FX trading

fintech / crypto and defi, wealth management

lmax.com

London, United Kingdom

2010

272.73m

GROWTH EQUITY VC

0.91

50-200

Lydia's logo

Lydia

All your payment needs - in one app

fintech / payments

lydia-app.com

Paris, France

2011

233.39m

SERIES C

0.91

200-500

Meero's logo

Meero

Matches professional photographers with top notch clients to produce beautiful images in a snap

media / content production

meero.com

Paris, France

2016

269.46m

SERIES C

0.91

500-1000

Motorway's logo

Motorway

The next-generation used car marketplace

transportation / search, buy & rent

motorway.co.uk

London, United Kingdom

2017

246.89m

SERIES C

0.91

50-200

OCSiAl Group's logo

OCSiAl Group

Develops low-cost technology with unlimited scaling potential for the mass production of graphene nanotubes

energy / energy efficiency

ocsial.com

Leudelange, Luxembourg

2010

160m

LATE VC

0.91

50-200

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