Today Atomico has represented an annual report on ??European tech – Atomico State of European Tech report 2020.
Sifted has highlighted the best bits of the long read – take a look:
1. 2020 is on track to hit a record level of investment
2. September was a record month – $5bn invested into European tech companies
3. Fundraising round sizes are growing – $1.2m
4. The Series B shortfall
5. France’s record year – $5bn capital invested
6. London remains the capital hub, Stockholm on the rise
7. CEE countries remain underserved
8. Healthtech’s rise, travel’s decline
9. Fintech raises more than any other industry
10. The rise of SaaS – $12bn
11. A record year for VC fundraising
12. VC follow-on funds triple in size
13. Government funding continues to rise
14. International investment has not dried up
15. European companies are less likely to exit after the first round than the US
16. Europe’s companies have the same likelihood of becoming a unicorn as a US company
17. European companies no longer feel they need to move to the US
18. Coronavirus has altered the ease with which companies fill tech jobs
19. European tech still has a diversity problem
20. Progress on gender has stagnated
Read more in the article: https://sifted.eu/articles/european-tech-in-2020/
Read the full report https://2020.stateofeuropeantech.com/