The definitive take on European tech
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Atomico
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Industry leaders and experts
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State of European Tech 2021
01
Europe
a global tech
force
Capital Invested in 2021
$100B+ 98 100
A groundbreaking year for
European tech
$3T+
New $1B+ Companies in
2021
Total Ecosystem Value
Investment at a
whole new level
Cumulative month-by-month capital invested ($B)
Note:
All Dealroom.co data excludes Israel and the following:
biotech, secondary transactions, debt, lending capital, and
grants. 2021 figures show data up to November 2021.
Source:
2020
2021
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
75
50
25
0
100
$B
Note:
All Dealroom.co data excludes Israel and the following:
biotech, secondary transactions, debt, lending capital, and
grants. 2021 is annualised based on data to September 2021.
Led by “mega”
megarounds
Capital invested ($B) by round size and by year
Source:
2017
<$100M
>$100M
2021E
$60B
10x
Capital invested in
$100M+ rounds
$6B
$16B
$42B
Waking up to European tech
of rounds with US investor
participation versus
19% in 2019
28%
1 in 3
# of investors investing
in $100M+ rounds
in 2021 versus 2019
$100M+ rounds involved
a crossover investor
versus 5% in 2019
3.1x
Note:
Founder respondents only. Numbers do not add to 100 as respondents may have mentioned keywords assigned to multiple themes.
Source:
Capital invested per capita ($) by country quartile
Europe is not
even close to its
full potential
2020
2021
Third
quartile
countries
$184
Note:
All Dealroom.co data excludes Israel and the following: biotech,
secondary transactions, debt, lending capital, and grants. 2021 is