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.
Key Findings
- 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 20 countries’ highlights
There is also an interesting section on the Regulation and Founders’ expectations of policymakers.
There is clear evidence of a strong desire from within Europe to build bridges between the tech and policy spheres. A majority of founders, investors and policymakers agree that there should be stronger ties between European tech startups/scaleups and governments.
Europe hasn’t made up its mind about whether European regulation is going in the right direction. Founders and VCs are more likely to think it isn’t, whilst those in the public sector or in policymaking roles are more favourable.
For more information and insights check the full report The state of European Tech 2018 by atomico.
