Europe has produced three times as many unicorns than China in 2021
For the first time since 2016, Europe is ahead of China in the number of unicorns created or $1bn exits. Yet another sign of the enormous momentum in the European tech and entrepreneurial ecosystem.
The tech boom is also being spearheaded by European cities; of the global ‘unicorn cities’ — cities with one or more unicorns — over a third are in Europe*.