Europe is building a strong base of high growth tech companies in the scale up stage. In 2015, 90 companies raised over $20m in growth funding. This reflects the growing ambition of European entrepreneurs and the greater availability of growth stage funding. The European ecosystem continues to go from strength to strength
The 90 lucky European digital startups that raised more than $20 millions in 2015 16 out of the 90 startups are French. The ride-sharing company BlaBlaCar raised $200m in September 2015. Germany gets 18 startups Rocket internet invested a $568m in Delivery Hero in February 2015 The food delivery company is now valued $3.1bn and is part of Rocket Internet’s strategy to control the global online food delivery market through Delivery Hero and Foodpanda. UK remains on top with 25 startups Unlike BlaBlaCar and Delivery Hero, the “fundraising of the year” in the UK is a B2B business. Founded in 2012, OneWeb is a a developer of a low-earth orbit communication satellite network: the final goal is to provide high-speed internet access worldwide by 2019 with a network of 648 satellites.