‘Money is raining’ in European startups – Investments are at record levels

The European startup scene is picking up momentum as more and more capital is directed to this market segment. Last year, an important milestone was achieved, as the total value of European startups exceeded 3 trillion. dollars.

According to Atomico’s annual survey, investments in European startups exceeded $ 121 billion, when in 2020 only $ 41 billion had been invested. Thus, the total value of start-ups in Europe, listed and unlisted, exceeded 3 trillion. dollars.

In fact, the rate of increase of capital invested in start-ups is constantly increasing. It took decades for the value of the ecosystem to reach 1 trillion. dollars in December 2018, while only in the last eight months of 2021 were added to the market 1 trillion. dollars more.

Businesses are growing – unicorns

The course of the start-ups of the Old Epirus in 2021 was explosive and – subject to the evolution of the pandemic – is expected to set a new record in 2022. Within a year, about 100 new “unicorns” were added to Europe, ie companies valued above $ 1 billion.

In particular, startups-unicorns were created in 28 different countries of the Old Continent, while for the first time “unicorns” appeared in Latvia and Cyprus, at the same time, the so-called “decacorns” increased, ie startups worth more than 10 billion dollars. Atomico now counts 26 European companies with this title.

The course of investments in Greece

The financing of Greek startups also recorded significant growth rates last year. According to the annual survey by Found.ation, the total number of start-ups funded in 2021 is more than 70, 30% more than a year ago, while the total investment secured by them exceeds 500 million euros. . The top 10 Greek start-ups this year raised a total of 397 million euros, more than double the amount raised last year.

In 2021 there were also some exits, three of which entered directly into the list of top 10 of all time, in terms of value. It is also the year when the first companies of Greek interests that reach the “unicorns” stage (PeopleCert, Blueground and Viva Wallet) begin to appear.