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  • Writer's pictureMagdalena Gołębiewska

Top-funded startups in Europe! Glad to see so many in EE region.

  • The top-funded startup in Europe is global communications company OneWeb in the UK, with almost $3.5B in total disclosed equity funding.

  • Rounding out the top 3 most well-funded startups in the region are online payments service provider Klarna in Sweden ($922M in disclosed equity funding) and mobile banking platform N26 in Germany ($683M).

  • Seven of the 36 companies featured in the map are unicorns, with disclosed valuations of $1B+ (all tracked in real time on the CB Insights global unicorn club tracker). These unicorns are:

  1. Klarna ($5.5B valuation, Sweden),

  2. N26 ($3.5B, Germany), 

  3. BlaBlaCar ($1.6B, France), 

  4. Cabify ($1.4B, Spain), 

  5. OutSystems ($1B, Portugal), 

  6. Bolt ($1B, Estonia), 

  7. BitFury Group ($1B, Netherlands).

  • The region is home to 15 countries whose most well-funded tech startup has raised over $100M in equity funding. Only OneWeb has raised more than $1B+ in equity funding.

  • The least well-funded startup on the map is Croatia-based autonomous robots startup Gideon Brothers, which has raised $2.7M.

  • Since last update of this map in April, only 1 startup has exited: Russia-based Ozon.ru, which was acquired in a corporate majority round by Moscow-based holding company Sistema.


STARTUP CONTINENT: THE MOST WELL-FUNDED TECH STARTUPS IN EUROPE


Company Country Total Equity Funding ($M)

  1. OneWeb United Kingdom 3469

  2. Klarna Sweden 922

  3. N26 Germany 683

  4. VeeamSoftware Switzerland 500

  5. BlaBlaCar France 449

  6. OutSystems Portugal 422

  7. Cabify Spain 411

  8. RELEX Solutions Finland 222

  9. AMCSGroup Ireland 202

  10. Trustpilot Denmark 179

  11. Bolt Estonia 177

  12. Tricentis Austria 174

  13. BitFury Netherlands 170

  14. DocPlanner Group Poland 137

  15. Vinted Lithuania 119

  16. Showpad Belgium 86

  17. Job Today Luxembourg 81

  18. ivi Russian Federation 81

  19. Kolonial.no Norway 61

  20. AImotive Hungary 51

  21. Satispay Italy 50

  22. Mews Systems Czech Republic 42

  23. PDFfiller Ukraine 30

  24. Capital.com Cyprus 25

  25. Netdata Greece 21

  26. Software Group Bulgaria 17

  27. Gambling.com Group Malta 16

  28. Banuba Belarus 12

  29. TripCreator Iceland 10

  30. Gjirafa Albania 8.7

  31. Mintos Latvia 7.8

  32. Blink Ledger Systems Romania 5

  33. Eligma Slovenia 4.4

  34. Minit Slovakia 3.7

  35. Content Insights Serbia 3.6

  36. Gideon Brothers Croatia 2.7

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