What's 🔥 in European tech?
🔸Klarna's valuation is more than Estonia's GDP in 2020
🔸Is France's investment plan in quantum tech enough?
🔸Corporate investments are about to take off in Europe
🔸How to take startup funding to the next level
Here's our news round-up 👇
1/ After closing a $1bn round yesterday, @Klarna is now Europe’s most valuable startup: it's worth $31bn, which is more than Estonia's $30bn GDP in 2020 🙃
3/ "Corporate exits — some more public than others — are likely to become a major trend in 2022 and beyond," says Olav Ostin, managing partner at @TempoCap 👀
Investment into Turkey’s tech scene skyrocketed in 2020: Turkish startups raised a record $139m and local VCs raised $328m, according to @StartUpsWatch 🇹🇷
Let’s dive into Turkey’s VC landscape 🧵👇
1/ Despite a 31% growth in VC and angel investment from 2019, more than half of the total $139m raised went to Turkish companies with a legal structure abroad:
2/ Turkey’s largest funding round in 2020 was into marketing management platform @useinsider ($32m). Other notable funding rounds include @AppSamurai’s $2.4m Series A, @visperaco’s $2.1m Series B and Twin’s $2m crowdfunding.
What's 🔥 in European tech?
🔸VCs will get an extra €1bn from the EU
🔸SPACs: what's Europe waiting for?
🔸Is quantum-as-a-service investors' new love affair?
🔸Sofinnova launches a €445m healthtech fund
Here's our news round-up👇
1/ European VC funds will receive an additional €1bn boost of public money as the EU aims to accelerate the economic bounceback from Covid 🇪🇺
Read our interview with Alain Godard, CEO of the @EIF_EU:
What's 🔥 in European tech?
🔸VCs predict Estonia's next unicorn
🔸Competition is ramping up in European quantum tech
🔸Can psychedelic drugs really scale?
🔸How to get pitch feedback from VCs
Here's our news round-up👇
1/ Home to just 1.3m people, Estonia has produced five 'unicorn' startups valued at over $1bn and is the best performing nation in the world in terms of unicorns per capita🦄 🇪🇪
We asked five investors which startups are likely to be the next unicorns: