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Finance & Economics

Most well-funded European tech startups unveiled

Serbia-based data analysis tool Content Insights is the least well-funded startup that has raised $3.6M

European tech startups

Most well-funded European tech startups unveiled. Source: shutterstock.com

Cb Insights revealed that since 2015, nearly $90 billion has been invested across over 17,800 equity deals to tech startups on the European continent.

The data shows that the UK’s communications company OneWeb is the top-funded startup in Europe, with almost $3.5 billion in total disclosed equity funding. It is followed by Klarna having $1.1 billion in disclosed equity funding and mobile banking platform N26 with $683 million.

Besides, 8 companies featured in the research are unicorns, with disclosed valuations of more than $1 billion. Klarna gets first place with $5.5 billion, followed by N26 ($3.5 billion) and BlaBlaCar having $1.6 billion. The fourth place goes to Lithuanian startup Vinted with $1.1 billion. Acronis, Glovo, OutSystems, and Bolt reach a $1 billion valuation.

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