Europe has produced 30 start-ups valued at $ 1 billion in ten years

by bold-lichterman

Better than one might think, this is the result of a study conducted by the investment bank GP Bullhound on the European tech ecosystem. Since 2003, Europe has “created” 30 companies in the digital and technological sector, valued at more than 1 billion dollars (739.3 million euros) each. The Old Continent is therefore placed just behind the United States, which for its part accounted for 39 over the same period.

Among these European companies, which experts qualify as “unicorns” for their uniqueness, include the British clothing specialist Asos, the King Digital video game studios, the real estate portal Zoopla and the on-demand music service Spotify. . These European “unicorns” (Israel is included in the study) represent only 0.27% of the creation of technological companies in the world over the last 14 years.

England occupy the first step of the podium. In total, the country has produced 11 “unicorns” since 2000, followed by Russia (5 unicorns) and Sweden (4 unicorns). France has only 2 companies with more than 1 billion.

Two of the European firms valued at more than $ 1 billion, however, crossed the Atlantic to go public: King Digital and Markit. Others preferred to be bought: Skype (acquired by Microsoft for $ 8.5 billion in 2011) and the Finnish Supercell (producer of the mobile game Clash of clans), recently acquired by the Japanese Softbank.

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