Dive into the latest industry insights with the Tech.eu H1 2024 Report 🔥 1991 Ventures had the honour of contributing to this report with the foreword, where we share insights on the evolving European tech landscape and the role of CEE startups. Here are some key takeaways from the report: ▪️ The fundraising game has changed completely. In the first half of 2024, European tech companies raised €50.1 billion over the course of almost 2000 deals. That's nearly twice what was raised in the same timeframe last year. This is clear evidence of the vibrant and evolving tech landscape in Europe. ▪️ Sustainability is no longer just a buzzword; it's leading the investment charge. Clean technology led the investment, with €12.9 billion raised, showcasing Europe's commitment to sustainable innovation. Key players like Northvolt and H2 Green Steel are spearheading green energy and technology efforts. ▪️ When it comes to where the action is, Sweden and the UK are still holding strong tech hotspots. In H1 2024, Swedish companies led with €12.7 billion over 89 deals, while the UK secured second place with €11.7 billion from 455 deals. For anyone connected to tech, this report is gold. It sheds light on funding trends, sectoral shifts, and how different regions are stacking up. Check the report via the link — https://lnkd.in/dqqmAFzA
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Check out the latest industry trends in the Tech.eu H1 2024 Report 1991 Ventures had the pleasure of writing the foreword, where they share insights on the evolving European tech landscape and the role of CEE startups. Here are some highlights of the report: ▪️ The fundraising game has changed completely. In the first half of 2024, European tech companies raised €50.1 billion over the course of almost 2000 deals. That's nearly twice what was raised in the same timeframe last year. This is clear evidence of the vibrant and evolving tech landscape in Europe. ▪️ Sustainability is no longer just a buzzword; it's leading the investment charge. Clean technology led the investment, with €12.9 billion raised, showcasing Europe's commitment to sustainable innovation. Key players like Northvolt and H2 Green Steel are spearheading green energy and technology efforts. ▪️ When it comes to where the action is, Sweden and the UK are still holding strong tech hotspots. In H1 2024, Swedish companies led with €12.7 billion over 89 deals, while the UK secured second place with €11.7 billion from 455 deals. For anyone connected to tech, this report is gold. It sheds light on funding trends, sectoral shifts, and how different regions are stacking up. Read the report via the link — https://lnkd.in/dqqmAFzA
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According to a new report from Dealroom.co, Glasgow’s tech ecosystem went from strength to strength in 2023, receiving record levels of investment and growing at a rate which exceeded many other UK and European ecosystems. Among one of the many insights from the report, published during the inaugural Glasgow Tech Week, is that the Scottish city’s tech ecosystem received record levels of investment last year: £170 million in VC money was plugged into Glaswegian tech startups in 2023, compared to 2022’s number of £88m. #Tech | #News | #Glasgow | #GlasgowTechWeek
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🇪🇺Back from the #NewEuropeanBauhaus in Brussels and reflecting on my work supporting businesses and public-private #partnerships, one thing that struck me the most is this fervor for #innovation that permeates every conversation, every good intention, and every future expectation. It’s almost as if the answers to all perceived open and challenging questions lie within the new. But innovation is still often discussed in a way that doesn’t always include the role of #communities. 🤖Ask your AI apps, and they’ll likely tell you that innovation actors include #startups, research centers, #investors, universities, governments, and regulators. 🔬So, let’s dive deeper. How do communities and individual players actively shape the innovation game? How can they propel the disruptors, collaborate with the tech wizards, and redefine the startup playbook? To start brainstorming and thinking human..👇🏻 #EUcompetitiveness #industryNewDeal #creatingjob #export #exploitation #EU2024 #EUelections #securingvalurchains #industrialtechnology #upskill #Singlmarket #Socialinnovation #EUinternalmarket #localcommunities https://lnkd.in/dDCMHN38
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Can someone invest $30 billion in Europe's scale-ups please? That would be great. Just reading this article on Wired that explores how Europe’s innovation ecosystem, has the potential to rival Silicon Valley. The most interesting takeaways for me: >>> Europe has more than 507 startups generating over $100 million in revenue. Which makes me believe that there is a strong foundation for growth. >>> A network of cities within five hours of London, named "New Palo Alto," is becoming a major hub for tech innovation, producing companies with global potential: Glasgow, Eindhoven, Manchester, Amsterdam, Cambridge, Edinburgh, London, Oxford, and Paris. After the Bay Area, this already is the world's second most productive innovation cluster apparently. >>> One of the key problems Europe that is limiting the potential of European Startups is a funding gap of $30 billion in scale-up funding compared to Silicon Valley. My Monday morning thought on this: What if we didn't wait for someone to step in? What if governments, investors, and communities took this opportunity to collectively push Europe's tech ecosystem to the next level? Maybe this isn’t just an investment in startups, but in the future of Europe's economy? .
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The view from outside: The American business magazine Forbes calls #Switzerland "Europe's hottest tech center" 💥 and notes that "ETH Zürich produces more spin-out companies than any other university world". Furthermore, the answer to the question "Where are Europe's most exciting technology start-ups? is "no longer necessarily London or Berlin, which have dominated the continent's tech scene in recent years. It is the #Zurich area. With ETH Zurich at the center of this startup ecosystem. Tech leaders such as Google, NVIDIA and The Walt Disney Company have established major R&D centers in the Zurich area to take advantage of the vibrant ecosystem and talent pool. ⏩ We from the D-MTEC ETH Zurich contribute and benefit from the Zurich startup ecosystem. The Forbes article: https://lnkd.in/eY2v63vY
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“There’s an urgent need for fundamental reform to remove the barriers inhibiting European tech and to create an environment in which startups can thrive.” Writing for Maddyness, Thomas Rubens sets out a vision for the future of European tech – in which the innovation and potential of Europe’s startups is further unlocked through reforms to remove bureaucratic hurdles, harmonise markets and encourage growth capital. Check out the full piece 👉 https://lnkd.in/edX5q6vn #VC #Tech
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📣 Exciting News Update! 📣 🔥 Attention all MAKE A PLAN blog readers! Join us today as we delve into the intriguing topic of "The Importance of #Communities in #EUInnovationStrategies"! 🔥 Share your insights on EU innovation strategies and discuss how #localcommunities can contribute to enhancing innovation on a local scale. We're eager to hear your thoughts! #europeancommission
Founder at MAKEAPLAN.IO, Author dazeroalbrand.it, Retromarketingbook.it, , public-private value-based project design and positioning, DECO strategy, stakeholder relations, consortium building for EU-funded projects
🇪🇺Back from the #NewEuropeanBauhaus in Brussels and reflecting on my work supporting businesses and public-private #partnerships, one thing that struck me the most is this fervor for #innovation that permeates every conversation, every good intention, and every future expectation. It’s almost as if the answers to all perceived open and challenging questions lie within the new. But innovation is still often discussed in a way that doesn’t always include the role of #communities. 🤖Ask your AI apps, and they’ll likely tell you that innovation actors include #startups, research centers, #investors, universities, governments, and regulators. 🔬So, let’s dive deeper. How do communities and individual players actively shape the innovation game? How can they propel the disruptors, collaborate with the tech wizards, and redefine the startup playbook? To start brainstorming and thinking human..👇🏻 #EUcompetitiveness #industryNewDeal #creatingjob #export #exploitation #EU2024 #EUelections #securingvalurchains #industrialtechnology #upskill #Singlmarket #Socialinnovation #EUinternalmarket #localcommunities https://lnkd.in/dDCMHN38
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🌍 𝗖𝗮𝗹𝗹𝗶𝗻𝗴 𝗮𝗹𝗹 𝗦𝘄𝗶𝘀𝘀 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗶𝗻 𝘀𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝘁𝗲𝗰𝗵: 𝘆𝗼𝘂𝗿 𝗴𝗹𝗼𝗯𝗮𝗹 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝘄𝗮𝗶𝘁𝘀! 🚀 As a member of HEIG-VD’s International Innovation Management class, I’m excited to invite Swiss startups focused on sustainable technology to apply for the 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 𝟮𝟬𝟮𝟱! 𝗢𝗻 𝗙𝗲𝗯𝗿𝘂𝗮𝗿𝘆 𝟮𝟬𝟮𝟱, we are heading, thanks to Swissnex in San Francisco, to 𝗦𝗮𝗻 𝗙𝗿𝗮𝗻𝗰𝗶𝘀𝗰𝗼, the epicenter of innovation, and we want to take this opportunity to help your startup in the development of the US market. 🌱 🌟 𝗪𝗵𝘆 𝗲𝘅𝗽𝗮𝗻𝗱 𝘁𝗼 𝘁𝗵𝗲 𝗨.𝗦.? The U.S. offers 𝘂𝗻𝗽𝗮𝗿𝗮𝗹𝗹𝗲𝗹𝗲𝗱 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝘁𝗼 𝘀𝗰𝗮𝗹𝗲 𝘆𝗼𝘂𝗿 𝘀𝘁𝗮𝗿𝘁𝘂𝗽. You'll have 𝗮𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝘃𝗮𝘀𝘁 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗻𝗲𝘁𝘄𝗼𝗿𝗸𝘀,, connecting with 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 eager to support sustainable solutions. High-impact 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 await, allowing you to collaborate with industry leaders and like-minded innovators. Plus, you'll tap into a 𝗹𝗮𝗿𝗴𝗲 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗯𝗮𝘀𝗲 passionate about green technology. 𝘓𝘢𝘴𝘵 𝘺𝘦𝘢𝘳, 𝘰𝘶𝘳 𝘱𝘢𝘳𝘵𝘪𝘤𝘪𝘱𝘢𝘵𝘪𝘯𝘨 𝘴𝘵𝘢𝘳𝘵𝘶𝘱𝘴 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘦𝘥 𝘸𝘪𝘵𝘩 𝘊𝘌𝘖𝘴 𝘭𝘪𝘬𝘦 𝘵𝘩𝘦 𝘭𝘦𝘢𝘥𝘦𝘳 𝘰𝘧 𝘏𝘦𝘭𝘭𝘰 𝘉𝘢𝘳𝘶, 𝘮𝘦𝘵 𝘸𝘪𝘵𝘩 𝘢𝘨𝘳𝘪𝘵𝘦𝘤𝘩 𝘱𝘳𝘰𝘧𝘦𝘴𝘴𝘰𝘳𝘴 𝘧𝘳𝘰𝘮 𝘜𝘊 𝘚𝘢𝘯 𝘍𝘳𝘢𝘯𝘤𝘪𝘴𝘤𝘰 𝘢𝘯𝘥 𝘜𝘊 𝘋𝘢𝘷𝘪𝘴, 𝘢𝘯𝘥 𝘦𝘹𝘱𝘭𝘰𝘳𝘦𝘥 𝘱𝘢𝘳𝘵𝘯𝘦𝘳𝘴𝘩𝘪𝘱𝘴 𝘵𝘩𝘢𝘵 𝘢𝘤𝘤𝘦𝘭𝘦𝘳𝘢𝘵𝘦𝘥 𝘵𝘩𝘦𝘪𝘳 𝘨𝘳𝘰𝘸𝘵𝘩. 🔗 𝗥𝗲𝗮𝗱𝘆 𝘁𝗼 𝘁𝗮𝗸𝗲 𝘆𝗼𝘂𝗿 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝗹𝗲𝘃𝗲𝗹? Get more information at https://lnkd.in/eiV4sDMq and apply by 𝟭𝟳.𝟭𝟭.𝟮𝟬𝟮𝟰 directly apply via this form: https://lnkd.in/e6dgNGQi 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗷𝗼𝘂𝗿𝗻𝗲𝘆, 𝗮𝗻𝗱 𝗹𝗲𝘁’𝘀 𝘁𝘂𝗿𝗻 𝘆𝗼𝘂𝗿 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝗻 𝗶𝗻𝘁𝗼 𝗿𝗲𝗮𝗹𝗶𝘁𝘆! ❓Questions? We’re here to support you. Don’t hesitate to reach out! #SwissStartups #Swissnex #SustainableTech #InnovationChallenge #HEIGVD #SanFrancisco2025 #USMarket #InternationalInnovationmanagement #GreenInnovation
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Tech Europe Foundation aims to attract 1,000 startups a year, transforming Milan into a capital of technological innovation. A major initiative with universities and investors creating a hub of #excellence. Read more in our dedicated article 👇 #investinlombardy investinlombardy.com #Innovation #Tech #TEF
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The latest European tech funding updates are setting the stage for major breakthroughs! 🚀 1️⃣ The European Commission is launching two new calls for proposals with a whopping budget of €3.4 billion. This targeted funding focuses on net-zero technologies. But, are we really focusing enough on sustainable innovation? More details on the Commission's website. 2️⃣ There are now three new calls worth €4.6 billion from the EU Innovation Fund. These proposals are geared towards electric vehicle battery production and renewable hydrogen. Could this finally position Europe as a leader in green technology? Check out the specifics announced on December 3. 3️⃣ The European Innovation Council is allocating €98 million to help innovators under the #EUeic Transition program for 2025. This initiative is designed to propel research projects into market-ready solutions. Are we seeing enough support for groundbreaking ideas? Learn more about the opportunities available. 4️⃣ EU Inc. is pushing for a "28th Regime" to unify startup structures across Europe. This could eliminate national barriers and foster collaboration among startups. Why hasn't this been done sooner? Details on this initiative can be found on Tech.eu. 5️⃣ The Sifted 250 report highlights Europe’s fastest-growing 250 startups generated €6.86 billion in revenue. These companies are employing over 25,000 people. Yet, are we truly nurturing diverse leaders in this rapidly growing scene? Explore the Sifted 250 rankings for insights. Are you ready to capitalize on these funding opportunities for your startup? What are your thoughts on these developments? Let’s discuss! 👇 🫡 𝐁𝐮𝐢𝐥𝐝 𝐲𝐨𝐮𝐫 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐧𝐨𝐰: https://femaleswitch.app 🔈🔈🔈 🫵 𝐅𝐨𝐫 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐚𝐝𝐯𝐢𝐜𝐞 𝐟𝐨𝐫 𝐟𝐢𝐫𝐬𝐭 𝐭𝐢𝐦𝐞 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬, 𝐡𝐢𝐭 𝐅𝐎𝐋𝐋𝐎𝐖 #startups #femalentrepreneur #zerocode #ai
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