2024 European Tech Statistics, Trends and Data: The Ultimate List

Looking for the latest Global tech stats and trends? We've got you covered. We've collected the latest European technology statistics, trends, and data to help in your quest.

Key Facts

• In the period between 2015 and 2019, 99 companies were backed by VCs for 1B or more.
• Seven of Europe's Countries attracted $1b+ capital per year.
• In total, there has been a grand total of $113B cumulative funding for Tech related companies.
• Within those $133B –– There have been 40 $100M+ Mega Rounds
• Interestingly enough, 21% of funding rounds had 1+ US or Asian Investor
• When it comes to gender diversity, only 8.4% Capital invested in 2019 was directed towards mixed/women led teams.
• 148 Companies have had exits for more than $100M
• When it comes to the sheer number of talent available, Europe is thriving. There are around 6.1 million professional developers currently residing in the EU (vs 4.3m for the US.)
• Be mindful that the EU's total population is 513M and the US total population is 329 million.

Investors

Although founders are the engine of any Tech market, Investors play a crucial role. We all know that. But what do the numbers say on the matter? Who are these people?

• European VCs are either on par or outperforming indices for both US VCs and European Private Equity.
• Government agency investment in VCs dropped around $1 billion in 2018 but, there's been a 203% increase on pension fund investment.
• In 2019, 2,600 unique institutional investors were involved in European deals.
• Corporate investors participated in 1 out 5 deals in 2019.
• 21% of European rounds had at least one US or Asian investor.

Investments

According to Atomico, founders have raised a record amount of money in 2019, and there has been a record number of mega rounds ($100M+). 40% of all funding raised in the first 9 months of 2019, actually.

• This record number reached $39.8 billion.
• Around one quarter of all the money invested during 2019 went to British startups.
• London alone took $9.7 billion –– more than twice the amount raised by Berlin's startups ($4.5 billion).
• Nearly three times of the money raised by Parisian companies ($3.3 billion)

Talent

• When it comes to Seed Stage startups, 40% of them have a founding team aged 26-30.
• Only 7% of founding teams in CE are over 40 years old.
• In countries such as France that number is closer to 20%
• In the UK, for example, there has been a 40% increase in employed tech talent (in the last 2 years).
• A total of 2.93 million jobs created.
• That number amounts to 9% of the UK's national workforce.

For more detailed information and breakdowns, please refer to the full report.