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04.2.1

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The number of European tech companies scaling to a $1B+ valuation continues to grow at an impressive speed. Europe saw the creation of 18 new $1B+ tech companies in 2020, including its 200th overall, and now has 208 in total.

$1B+ companies


208
tech companies scaled to $1B+ in Europe

Number of VC-backed and non-VC-backed $1B+ European tech companies per year (cumulative)

Legend

  • # of non-VC-backed companies
  • # of VC-backed companies
Note:
Based on data up to 15 November 2020.