8 min read
Hard data on the European tech ecosystem forms the backbone of The State of European Tech, but just as important are the annual survey results we obtain from our readers — the people working in the tech community and driving Europe forward. This fast-track insight highlights the insights that can only be gathered by speaking to those who live and breathe the ecosystem.
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Where will Europe’s next breakout companies emerge? In this chapter, we take a thematic lens to the tech ecosystem, exploring the sectors producing global success stories, and drilling down into the themes capturing investor attention.
European tech companies attract more funding than ever, yet the continent still has some way to catch up to the US. The European funding gap is a critical challenge, and the potential rewards in closing it are immense, from enabling more founders to build $B companies to retaining top talent and capturing more value within Europe.
The pace of AI-driven innovation is only accelerating, and in 2024 Europe has continued to bolster its position as a global leader in this theme, although there is still room to grow. This fast-track insight tells the story of how AI came to be the theme on everyone’s mind in Europe and beyond over the past decade.
