Brussels – Startup Europe Partnership’s new report is the most comprehensive analysis regarding the status of European innovative high growing startups and shows a remarkable increase in the number of scaleups in recent years.
Europe is home to approximately 4,200 fast growing, ICT scaleups in 45 countries, collectively raising about $58B in funding. A relatively young ecosystem with a lot of potential for growth that confirms the absolute leading position of UK in terms of number of scaleups (1,412, 34% of total) and capital raised (35% of the total available to scaleups in Europe), followed by Germany, France and Sweden at a distance. This is what emerged from the latest SEP Monitor on Scaleup Europe presented by the Italian founded Mind the Bridge on the occasion of the celebration of Startup Europe Awards final ceremony.
“Scaleup Europe is still young but it is doing well, I see a lot of potential for growth”, commented Andrus Ansip, European Commission Vice President for Digital Single Market. “Startup Europe Partnership data shows a remarkable increase in the number of scaleups in recent years. 2016 has been a turning point for Scaleup Europe as $12B of fresh capital poured into European scaleups. I am very pleased to see European startups on a firm scaleup path”.
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