@dealroom.bsky.social
⭐ Rising Stars
These are fast-growing, emerging ecosystems.
We focused on growth in:
Enterprise value
Unicorns
Adjusted for:
GDP per capita
Cost of living
They're the ones to watch next.
These are fast-growing, emerging ecosystems.
We focused on growth in:
Enterprise value
Unicorns
Adjusted for:
GDP per capita
Cost of living
They're the ones to watch next.
May 21, 2025 at 4:04 PM
⭐ Rising Stars
These are fast-growing, emerging ecosystems.
We focused on growth in:
Enterprise value
Unicorns
Adjusted for:
GDP per capita
Cost of living
They're the ones to watch next.
These are fast-growing, emerging ecosystems.
We focused on growth in:
Enterprise value
Unicorns
Adjusted for:
GDP per capita
Cost of living
They're the ones to watch next.
💎 Density Leaders
These cities punch way above their weight.
We looked at output relative to size using:
VC investment
Enterprise value
Unicorns
University linkages
Patents
Small cities. Big impact.
These cities punch way above their weight.
We looked at output relative to size using:
VC investment
Enterprise value
Unicorns
University linkages
Patents
Small cities. Big impact.
May 21, 2025 at 4:04 PM
💎 Density Leaders
These cities punch way above their weight.
We looked at output relative to size using:
VC investment
Enterprise value
Unicorns
University linkages
Patents
Small cities. Big impact.
These cities punch way above their weight.
We looked at output relative to size using:
VC investment
Enterprise value
Unicorns
University linkages
Patents
Small cities. Big impact.
🏆 Global Champions
These are the world’s most successful startup ecosystems.
We evaluated:
VC investment
Enterprise value
Ecosystem momentum
Unicorns
University linkages
Patents
Think: scale, success, and impact.
These are the world’s most successful startup ecosystems.
We evaluated:
VC investment
Enterprise value
Ecosystem momentum
Unicorns
University linkages
Patents
Think: scale, success, and impact.
May 21, 2025 at 4:04 PM
🏆 Global Champions
These are the world’s most successful startup ecosystems.
We evaluated:
VC investment
Enterprise value
Ecosystem momentum
Unicorns
University linkages
Patents
Think: scale, success, and impact.
These are the world’s most successful startup ecosystems.
We evaluated:
VC investment
Enterprise value
Ecosystem momentum
Unicorns
University linkages
Patents
Think: scale, success, and impact.
🚨🌎 NEW REPORT: The Global Tech Ecosystem Index is live.
We benchmarked 288 tech ecosystems across 69 countries — measuring investment, innovation, talent, and outcomes.
Here’s what we found 👇🧵
We benchmarked 288 tech ecosystems across 69 countries — measuring investment, innovation, talent, and outcomes.
Here’s what we found 👇🧵
May 21, 2025 at 4:04 PM
🚨🌎 NEW REPORT: The Global Tech Ecosystem Index is live.
We benchmarked 288 tech ecosystems across 69 countries — measuring investment, innovation, talent, and outcomes.
Here’s what we found 👇🧵
We benchmarked 288 tech ecosystems across 69 countries — measuring investment, innovation, talent, and outcomes.
Here’s what we found 👇🧵
🚨 NEW: The European Deep Tech Report 2025
As global power shifts, Deep Tech is key to Europe's autonomy. This report explores the state of play, misconceptions and opportunities.
Produced in collaboration with Lakestar, Walden Catalyst & Hello Tomorrow
dealroom.co/reports/the-...
As global power shifts, Deep Tech is key to Europe's autonomy. This report explores the state of play, misconceptions and opportunities.
Produced in collaboration with Lakestar, Walden Catalyst & Hello Tomorrow
dealroom.co/reports/the-...
March 17, 2025 at 11:15 AM
🚨 NEW: The European Deep Tech Report 2025
As global power shifts, Deep Tech is key to Europe's autonomy. This report explores the state of play, misconceptions and opportunities.
Produced in collaboration with Lakestar, Walden Catalyst & Hello Tomorrow
dealroom.co/reports/the-...
As global power shifts, Deep Tech is key to Europe's autonomy. This report explores the state of play, misconceptions and opportunities.
Produced in collaboration with Lakestar, Walden Catalyst & Hello Tomorrow
dealroom.co/reports/the-...
80% of these startups are developing physical technologies in strategic sectors like Climate Tech, Deep Tech, AI, Biotech, and Space—areas crucial for Europe's future competitiveness.
March 5, 2025 at 12:58 PM
80% of these startups are developing physical technologies in strategic sectors like Climate Tech, Deep Tech, AI, Biotech, and Space—areas crucial for Europe's future competitiveness.
From the €12B in EU funding that went to startups, a combined enterprise value of €520B was created.
March 5, 2025 at 12:58 PM
From the €12B in EU funding that went to startups, a combined enterprise value of €520B was created.
EU Framework Programme grants and direct equity support for startups has totalled €12B since 2007.
Yet this represents only 5% of the EU research & innovation budget.
Due to the transparency of startup activity, the results are highly trackable…
Yet this represents only 5% of the EU research & innovation budget.
Due to the transparency of startup activity, the results are highly trackable…
March 5, 2025 at 12:58 PM
EU Framework Programme grants and direct equity support for startups has totalled €12B since 2007.
Yet this represents only 5% of the EU research & innovation budget.
Due to the transparency of startup activity, the results are highly trackable…
Yet this represents only 5% of the EU research & innovation budget.
Due to the transparency of startup activity, the results are highly trackable…
🇪🇺🚀 NEW REPORT: The impact of EU funding for startups - revealed for first time
Europe has invested hundreds of billions to support innovation.
But how effective has this been?
Part Two of the Trilogy: a deep-dive into the startups backed by Europe’s Framework Programmes.
Europe has invested hundreds of billions to support innovation.
But how effective has this been?
Part Two of the Trilogy: a deep-dive into the startups backed by Europe’s Framework Programmes.
March 5, 2025 at 12:58 PM
🇪🇺🚀 NEW REPORT: The impact of EU funding for startups - revealed for first time
Europe has invested hundreds of billions to support innovation.
But how effective has this been?
Part Two of the Trilogy: a deep-dive into the startups backed by Europe’s Framework Programmes.
Europe has invested hundreds of billions to support innovation.
But how effective has this been?
Part Two of the Trilogy: a deep-dive into the startups backed by Europe’s Framework Programmes.
The difference between Europe and the US is scale, not efficiency.
When looking at the amount raised, the rate of unicorn creation is actually pretty similar.
Read the full report on Accelerating Europe, Produced w/ Dealflow
Part Two drops on Monday
dealroom.co/reports/acce...
When looking at the amount raised, the rate of unicorn creation is actually pretty similar.
Read the full report on Accelerating Europe, Produced w/ Dealflow
Part Two drops on Monday
dealroom.co/reports/acce...
February 27, 2025 at 9:13 AM
The difference between Europe and the US is scale, not efficiency.
When looking at the amount raised, the rate of unicorn creation is actually pretty similar.
Read the full report on Accelerating Europe, Produced w/ Dealflow
Part Two drops on Monday
dealroom.co/reports/acce...
When looking at the amount raised, the rate of unicorn creation is actually pretty similar.
Read the full report on Accelerating Europe, Produced w/ Dealflow
Part Two drops on Monday
dealroom.co/reports/acce...
Europe represents a significant share of startup value, for earlier stage companies.
But startup ecosystems are dictated by the power law. Only 0.01% of companies reach a valuation of $1 trillion, and those (US) companies represent 34% of all venture-backed enterprise value.
But startup ecosystems are dictated by the power law. Only 0.01% of companies reach a valuation of $1 trillion, and those (US) companies represent 34% of all venture-backed enterprise value.
February 27, 2025 at 9:13 AM
Europe represents a significant share of startup value, for earlier stage companies.
But startup ecosystems are dictated by the power law. Only 0.01% of companies reach a valuation of $1 trillion, and those (US) companies represent 34% of all venture-backed enterprise value.
But startup ecosystems are dictated by the power law. Only 0.01% of companies reach a valuation of $1 trillion, and those (US) companies represent 34% of all venture-backed enterprise value.
The US is the global HQ of startups & VC, and there is unsurprisingly a significant difference in the amount of VC raised in the US and Europe.
Broken down by funding stage though, the differences are particularly stark.
Later stage startups in the US are raising 567% more capital than in Europe.
Broken down by funding stage though, the differences are particularly stark.
Later stage startups in the US are raising 567% more capital than in Europe.
February 27, 2025 at 9:13 AM
The US is the global HQ of startups & VC, and there is unsurprisingly a significant difference in the amount of VC raised in the US and Europe.
Broken down by funding stage though, the differences are particularly stark.
Later stage startups in the US are raising 567% more capital than in Europe.
Broken down by funding stage though, the differences are particularly stark.
Later stage startups in the US are raising 567% more capital than in Europe.
Venture-backed companies compound.
The Magnificent 7 invested a total of $49B in startups in 2024 alone, not via acquisitions, as venture capital.
That’s more than all VC into China or the EU27.
An extra venture ecosystem for free.
The Magnificent 7 invested a total of $49B in startups in 2024 alone, not via acquisitions, as venture capital.
That’s more than all VC into China or the EU27.
An extra venture ecosystem for free.
February 27, 2025 at 9:13 AM
Venture-backed companies compound.
The Magnificent 7 invested a total of $49B in startups in 2024 alone, not via acquisitions, as venture capital.
That’s more than all VC into China or the EU27.
An extra venture ecosystem for free.
The Magnificent 7 invested a total of $49B in startups in 2024 alone, not via acquisitions, as venture capital.
That’s more than all VC into China or the EU27.
An extra venture ecosystem for free.
It’s a fact that venture-backed businesses are a major job creation engine.
In the US almost *a quarter* of all jobs are at VC backed companies.
In Europe it’s under 2%.
In the US almost *a quarter* of all jobs are at VC backed companies.
In Europe it’s under 2%.
February 27, 2025 at 9:13 AM
It’s a fact that venture-backed businesses are a major job creation engine.
In the US almost *a quarter* of all jobs are at VC backed companies.
In Europe it’s under 2%.
In the US almost *a quarter* of all jobs are at VC backed companies.
In Europe it’s under 2%.
💵 Unpacking Europe’s GDP gap with the US
An $11 trillion nominal GDP gap between Europe and the US has been widely shared.
But taking a closer look it’s not as clear cut.
Currency exchange rate and national debt are major factors, though productivity is a meaningful challenge.
An $11 trillion nominal GDP gap between Europe and the US has been widely shared.
But taking a closer look it’s not as clear cut.
Currency exchange rate and national debt are major factors, though productivity is a meaningful challenge.
February 27, 2025 at 9:13 AM
💵 Unpacking Europe’s GDP gap with the US
An $11 trillion nominal GDP gap between Europe and the US has been widely shared.
But taking a closer look it’s not as clear cut.
Currency exchange rate and national debt are major factors, though productivity is a meaningful challenge.
An $11 trillion nominal GDP gap between Europe and the US has been widely shared.
But taking a closer look it’s not as clear cut.
Currency exchange rate and national debt are major factors, though productivity is a meaningful challenge.
🇪🇺🚀 REPORT: Accelerating Europe
Is the situation in Europe as bad as people are saying?
What does it need to do to reach its potential?
Europe's tech future is an important conversation. But it’s vital to cut through the noise.
🧵👇
Is the situation in Europe as bad as people are saying?
What does it need to do to reach its potential?
Europe's tech future is an important conversation. But it’s vital to cut through the noise.
🧵👇
February 27, 2025 at 9:13 AM
🇪🇺🚀 REPORT: Accelerating Europe
Is the situation in Europe as bad as people are saying?
What does it need to do to reach its potential?
Europe's tech future is an important conversation. But it’s vital to cut through the noise.
🧵👇
Is the situation in Europe as bad as people are saying?
What does it need to do to reach its potential?
Europe's tech future is an important conversation. But it’s vital to cut through the noise.
🧵👇
Europe matches US in unicorn efficiency 🦄🇪🇺
European startups produce billion-dollar companies at the same rate as US ones when measured per dollar invested.
Same output for the same input - just less attention.
European startups produce billion-dollar companies at the same rate as US ones when measured per dollar invested.
Same output for the same input - just less attention.
February 21, 2025 at 3:17 PM
Europe matches US in unicorn efficiency 🦄🇪🇺
European startups produce billion-dollar companies at the same rate as US ones when measured per dollar invested.
Same output for the same input - just less attention.
European startups produce billion-dollar companies at the same rate as US ones when measured per dollar invested.
Same output for the same input - just less attention.
Backing from a top investor means a seed stage startup is 4.5x more likely to advance to Series A.
But what makes a top quality investor?
We’ve collected the data to pinpoint these investors, and what makes them stand out.
dealroom.co/reports/expl...
But what makes a top quality investor?
We’ve collected the data to pinpoint these investors, and what makes them stand out.
dealroom.co/reports/expl...
February 20, 2025 at 10:30 AM
Backing from a top investor means a seed stage startup is 4.5x more likely to advance to Series A.
But what makes a top quality investor?
We’ve collected the data to pinpoint these investors, and what makes them stand out.
dealroom.co/reports/expl...
But what makes a top quality investor?
We’ve collected the data to pinpoint these investors, and what makes them stand out.
dealroom.co/reports/expl...
In SaaS, the Rule of X is a way to get a benchmark for the revenue multiple your company might be valued at.
This chart shows where the world's biggest hitters sit.
See public & private revenue multiples on Dealroom, w/
Flow Partners & Multiples
This chart shows where the world's biggest hitters sit.
See public & private revenue multiples on Dealroom, w/
Flow Partners & Multiples
February 19, 2025 at 1:20 PM
In SaaS, the Rule of X is a way to get a benchmark for the revenue multiple your company might be valued at.
This chart shows where the world's biggest hitters sit.
See public & private revenue multiples on Dealroom, w/
Flow Partners & Multiples
This chart shows where the world's biggest hitters sit.
See public & private revenue multiples on Dealroom, w/
Flow Partners & Multiples
💶🇪🇺 The most valuable European private startups by HQ, country by country.
The combined value of all 45 companies is $218B.
View the list: app.dealroom.co/lists/52453/...
The combined value of all 45 companies is $218B.
View the list: app.dealroom.co/lists/52453/...
February 14, 2025 at 1:28 PM
💶🇪🇺 The most valuable European private startups by HQ, country by country.
The combined value of all 45 companies is $218B.
View the list: app.dealroom.co/lists/52453/...
The combined value of all 45 companies is $218B.
View the list: app.dealroom.co/lists/52453/...
📢 Latest Dealroom newsletter:
• Paris #AISummit startup attendees
• Top startups per US State
• 163 #startups founded by @ethzurich.bsky.social alumni in the last 2 years
• Water treatment startups
• The Bay Area's active AI & deep tech VCs
Read it here: newsletter.dealroom.co/startups-and...
• Paris #AISummit startup attendees
• Top startups per US State
• 163 #startups founded by @ethzurich.bsky.social alumni in the last 2 years
• Water treatment startups
• The Bay Area's active AI & deep tech VCs
Read it here: newsletter.dealroom.co/startups-and...
February 7, 2025 at 2:39 PM
📢 Latest Dealroom newsletter:
• Paris #AISummit startup attendees
• Top startups per US State
• 163 #startups founded by @ethzurich.bsky.social alumni in the last 2 years
• Water treatment startups
• The Bay Area's active AI & deep tech VCs
Read it here: newsletter.dealroom.co/startups-and...
• Paris #AISummit startup attendees
• Top startups per US State
• 163 #startups founded by @ethzurich.bsky.social alumni in the last 2 years
• Water treatment startups
• The Bay Area's active AI & deep tech VCs
Read it here: newsletter.dealroom.co/startups-and...
