Letta Kalamara
€19.4 billion
in Venture Capital
funds were invested
into European
companies in 20171.
4,200 fast growing ICT startups
in the scale-up phase in 45 countries,
collectively raised about €47 billion in
funding (equal to 0.33% of Europe’s GDP).
Startups are often tech-enabled and combine
fast growth, high reliance on innovation of
products, processes and financing, focusing on new
technological developments, innovative business
models, and collaborative platforms.
STARTUP EUROPE IN 2018-20
Startup Europe works in two complementary ways:
7 new projects started in 2018 with the goal to interconnect more than 20 EU hubs and to address more
than 3400 startups, more than 150 corporates and more than 400 investors.
