{"id":632363,"date":"2024-08-27T18:00:34","date_gmt":"2024-08-27T15:00:34","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/europes-unicorns-have-risen-to-e447-4b-in-total-value-report-finds\/"},"modified":"2024-08-27T18:00:34","modified_gmt":"2024-08-27T15:00:34","slug":"europes-unicorns-have-risen-to-e447-4b-in-total-value-report-finds","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/europes-unicorns-have-risen-to-e447-4b-in-total-value-report-finds\/","title":{"rendered":"#Europe&#8217;s unicorns have risen to \u20ac447.4B in total value, report finds"},"content":{"rendered":"<div id=\"article-main-content\">\n                            The cumulative value of Europe\u2019s active\u00a0unicorns now sits at \u20ac447.4bn \u2014 3% higher than in 2023, according to a new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/pitchbook.com\/news\/reports\/q2-2024-european-vc-valuations-report\">report<\/a> from Pitchbook.<\/p>\n<p>The report also found that unicorn deal value continued to show signs of recovery during the second quarter of 2024. Specifically, it jumped from \u20ac1bn in Q1 to \u20ac2.4bn in Q2.<\/p>\n<p>The continuous valuation growth of 2024 implies a 12.3% increase for the full year from 2023.<\/p>\n<p>Deal count is following the same upward trend. The first half of the year has already seen 28 unicorn deals compared to 39 for the whole of 2023.<\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>l deal size stands at \u20ac98.7mn, with AI dominating the largest rounds. These include funding rounds from machine translation startup DeepL and Stable Diffusion\u2019s developer Stability AI.<\/p>\n<div class=\"inarticle-wrapper latest channel-cta hs-embed-tnw\">\n<div id=\"hs-embed-tnw\" class=\"channel-cta-wrapper\">\n<div class=\"channel-cta-img\"><img decoding=\"async\" class=\"js-lazy\" src=\"https:\/\/s3.eu-west-1.amazonaws.com\/tnw.events\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"\/><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/s3.eu-west-1.amazonaws.com\/tnw.events\/hardfork-2018\/uploads\/visuals\/tnw-newsletter.png\"\/><\/p>\n<div class=\"channel-cta-input\">\n<p class=\"channel-cta-title\">The &lt;3 of EU tech<\/p>\n<p class=\"channel-cta-tagline\">The latest rumblings from the EU tech scene, a story from our wise ol&#8217; founder Boris, and some questionable AI art. It&#8217;s free, every week, in your inbox. Sign up now!<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>There are now 141 active unicorns in Europe, with eight newborns making the list so far in 2024. The majority (87) of them operate in the IT sector, followed by 16 in financial services, and 15 in the B2B market.<\/p>\n<p>Across the entire startup ecosystem, it\u2019s the early-stage median deal sizes that have seen the biggest growth, increasing by 43.9% to \u20ac1.8mn at H1 2024. Early-stage median valuations also rose to \u20ac17.3 (up 17.3% from 2023).<\/p>\n<p>Pre-seed continues to remain the most resilient part of the market valuation-wise, while late-stage valuations saw small declines.<\/p>\n<p>Looking at sectors, fintech deal sizes and valuations still lead other verticals, followed by SaaS and AI and machine learning.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/europes-unicorns-total-value-2024-report\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cumulative value of Europe\u2019s active\u00a0unicorns now sits at \u20ac447.4bn \u2014 3% higher than in 2023, according to a new report from Pitchbook. The report also found that unicorn deal value continued to show signs of recovery during the second quarter of 2024. Specifically, it jumped from \u20ac1bn in Q1 to \u20ac2.4bn in Q2. The&#8230;<\/p>\n","protected":false},"author":1,"featured_media":632364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2023%2F07%2Feurope-unicorn-tech-hub.jpg&signature=6fbe9fc72b50f92be2d7a670df9550eb","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-632363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/632363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=632363"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/632363\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/632364"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=632363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=632363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=632363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}