2018
In Partnership with
&
The State of
European Tech
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In Partnership with
&
www.thestateofeuropeantech.com
Contents
2018 Key Findings
The State of European Tech 2018
Tech & the European Economy
Diversity & Inclusion
Europe's Got Talent
Tech Hubs
Research & Development
Regulation
Investors & Investment
Great European Companies
Challenges
Mythbusting
Predictions
About
Appendix
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In Partnership with
&
www.thestateofeuropeantech.com
2018
Key Findings
It's been another record year for investment in European
tech and the sector is powering growth in Europe's
stagnant economy. Yet not everyone is benefitting from the
boom. The gains are not being democratized by investors.
Companies need to address diversity and inclusion tools
and unlock hidden talent pools.
Another record year for investment into the European
tech ecosystem
Europe urgently needs to fix its diversity & inclusion
problem
Europe's tech industry is the best hope for growth for
a stalling European economy
The gains from Europe's tech boom are not yet being
democratised
Mobilising Europe's hidden tech talent pool can unlock
huge upside
Europe is producing $B+ companies at a level that is
15x+ higher than a decade ago
Top highlight statistics for Europe
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What's changed for
European tech in the
past 12 months?
KEY FINDINGS
4
In Partnership with
&
www.thestateofeuropeantech.com
Another record year for investment into
the European tech ecosystem
Europe urgently needs to fix its diversity
& inclusion problem
Record sums invested in Europe's technology
ecosystem- $23bn in 2018 up from just $5bn in 2013.
93% of all funds raised by European VC-backed
companies went to all-male founding teams in 2018.
There were four tech IPOs or direct listings of European tech
companies in 2018 that reached valuations of more than $5B
on opening day, including Europe's largest ever venture-
backed publicly-listed tech company, Spotify. In t