Key takeaways of the 2020 Annual European VC Valuations Report by PitchBook:
✅Europe added 17 unicorns in 2020, ending the year with a record 61 €1 billion+ companies at an aggregate valuation of €110.1 billion.
✅Venture-backed companies are exiting at higher prices than ever before, with the upper-quartile valuation surging nearly 54% to €101.5 million.
✅The expanding variety of startups has driven corresponding growth in the pool of nontraditional investors, whose sustained capital infusions helped keep valuations high.
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https://pitchbook.com/news/reports/2020-annual-european-vc-valuations-report