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European Union boasts more than 80.000 startups

EU27 boasts more than 80.000 startups, of which 51 are unicorns. The investments raised by European startups totalled 41 billion US dollars in 2020, up from USD 36,6 billion US in 2019. 

It has been reported that during Q1 2021 27 innovative European companies got a valuation of more than 1 billion US dollars, based on their latest funding round.

However, a closer look reveals that only 7 of them are indeed present in the EU27 and committed to remain there after the funding round, which paints a much bleaker picture.

In the same period, the US produced 67 new unicorns.

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