Europe Startup Ecosystem

Overview

Europe's startup ecosystem is one of the largest and most diverse in the world, with major hubs in London, Berlin, Paris, and Amsterdam. As of 2023, Europe is home to over 150,000 startups. Governments across the continent support entrepreneurship through various initiatives that provide funding, resources, and mentorship for startups. In 2022, European startups collectively raised approximately €100 billion in venture capital.

Size of the Market

The European startup ecosystem is expansive, with over 150,000 startups as of 2023. In 2022, these startups raised approximately €100 billion in venture capital, reflecting robust investor interest. This substantial funding pool supports startups at various stages, from early seed rounds to late-stage investments, facilitating growth and innovation across diverse sectors.

Key Strengths

Europe's strengths include a highly educated workforce, a strong tradition of innovation, and a strategic location with access to a large and diverse market. Major cities like London, Berlin, Paris, and Amsterdam have vibrant tech scenes, attracting significant investments and producing notable startups like Revolut, N26, and Adyen. The presence of world-class universities and research institutions fosters a collaborative environment for startups.

Major Hubs

London, Berlin, Paris, and Amsterdam are Europe's primary startup hubs. These cities are known for their dynamic tech ecosystems and have produced significant startups, such as Revolut in London, N26 in Berlin, and Adyen in Amsterdam. These hubs benefit from robust infrastructure, access to capital, and a high concentration of skilled talent.

Emerging Hubs

Emerging hubs in Europe include cities like Barcelona, Lisbon, and Stockholm. These cities are gaining traction due to their favorable business climates, increasing investment activity, and vibrant entrepreneurial communities. They offer growing opportunities for startups and investors looking to explore new markets.

Support Systems

The European startup ecosystem benefits from a strong network of incubators, accelerators, and co-working spaces. Initiatives like the European Innovation Council (EIC) and Horizon Europe provide mentorship, resources, and international exposure. These support systems are crucial for nurturing early-stage startups and helping them scale effectively.

Challenges

Challenges in the European startup ecosystem include regulatory complexities, economic disparities between regions, and limited access to late-stage funding in some areas. Navigating the diverse regulatory environments across different countries can be daunting for startups looking to scale internationally. Addressing these challenges is crucial for fostering a more cohesive and supportive ecosystem.

Opportunities and Future Outlook

Despite challenges, Europe is making significant strides in innovation and entrepreneurship. Continuous investment and technological advancement drive substantial growth opportunities. Europe's strategic location and extensive trade relationships provide startups with opportunities for international expansion, positioning the continent as a key player in the global innovation landscape.

Resilience and Adaptability

Europe's startup ecosystem has shown remarkable resilience and adaptability. The strong emphasis on sustainability and green technology drives innovation in sectors such as renewable energy and environmental technologies. As Europe continues to invest in its startup ecosystem, it is poised for further growth and development, contributing significantly to the global innovation landscape.

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We found 2,279 VC firms in Europe investing in Food & Beverage on Angels Partners

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PierreEric Leibovici
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
Investor Picture
Previous Investments
  • DealCircle:
  • GoMore: (late stage)
  • TRD Surfaces ApS:
  • Windar Photonics PLC:
  • Blackwood Seven A/S:
  • Deskwolf A/S:
  • watAgame: (late stage)
  • Windar Photonics ApS:
  • Sproom:
  • Junefield ApS:
  • Spotify:
  • Balyo:
  • Daphni: (early stage)
  • EnerBee: (early stage)
  • Neurala: (late stage)
  • Coursera: (early stage)
  • CheckAndTake: (early stage)
  • Robolution Capital: (early stage)
  • Lime: (early stage)
  • Antescofo: (early stage)
  • beendhi: (mid stage)
  • Margo Bank: (early stage)
  • PAZZI: (mid stage)
  • Side.co: (early stage)
  • Foxintelligence: (early stage)
  • SmartMeUp: (mid stage)
  • WWW.LILIGO.COM: (early stage)
  • B3G Telecom:
  • SMG:
  • Urbi TV:
  • Musiwave:
  • AlloCiné: (late stage)
  • BNP Paribas Private Equity:
  • APLIO:
  • Hubcycle: $16000000 (Series A)
  • Agua Blanca: $3000000 (Seed)
  • Witco: $14000000 (Series A)
  • Memo Bank: $16000000 (Series A)
  • Memo Bank: $23000000 (Series A)
  • Memo Bank: $8000000 (Seed)
  • Agricool: $28000000 (Series B)
  • Agricool: $9000000 (Series A)
  • Agricool: $4000000 (Seed)
  • comet: $13000000 (Series A)
  • Smart Me Up: $3000000 (Series A)
  • HCVC: (Series Unknown)
  • Sensee: $22000000 (Series Unknown)
  • Limonetik: $8000000 (Series B)
  • Muzicall: $13000000 (Series B)

PierreEric Leibovici

Paris, France

Investing In

Software (Web Marketplace Saas..) • Hospitality (& Events) • Education • AgroTech • Hardware (& Manufacturing) • IoT (& Wearables) • Web Security (& Privacy) • Food & Beverage • Robotics

Description

Co-Founder & Partner @Daphni

Co-Founder & Partner @Daphni

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Antoine Fine
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France, France
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Previous Investments
  • Nous Anti: (Gaspi)
  • Organic Basics:
  • I MAKE:
  • GOURMEY:
  • HO KARAN: (mid stage)
  • Joyeuse:
  • PAZZI - Le Robot Pizzaïolo: (late stage)
  • TIPTOE: (mid stage)
  • Ana Luisa: (early stage)
  • Eutopia:
  • NATURA PLUS ULTRA PET FOOD: (mid stage)
  • Peas&Love:
  • Tediber: (mid stage)
  • Feed.: (early stage)
  • HARi&CO (ICI&LÀ): (mid stage)
  • Kids Empire: (early stage)
  • Polène:
  • dynamo cycling: (early stage)
  • Hapik: (early stage)
  • LABOTÉ: (early stage)
  • MÊME: (early stage)
  • Merci Handy: (early stage)
  • Oh My Cream !: (mid stage)
  • Otium: (early stage)
  • Weekendesk: (late stage)

Antoine Fine

Paris, France, France

Investing In

Software (Web Marketplace Saas..) • Entertainment (& Sports) • Food & Beverage • Healthcare (& Wellness)

Description

Managing Partner & Co-founder at Eutopia

Managing Partner & Co-founder at Eutopia

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Denis Villafranca
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
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Previous Investments
  • BURGER KING® France:
  • DeepReach:
  • Dem Dx: (early stage)
  • MEDICA FRANCE:
  • Polyconcept:

Denis Villafranca

Paris, France

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Education • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • HealthTech (& Fitness) • Food & Beverage

Description

Bridgepoint

Bridgepoint

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Mattias Miksche
Investing in Software (Web Marketplace Saas..) &b...
 Stockholm Sweden, Sweden
Investor Picture
Previous Investments
  • Bokio: $3100000 (Seed Round)
  • Sana Labs: $1000000
  • Estrid: (early stage)
  • CLIQUE by Somarketplaces AB: (early stage)
  • Detectify: (mid stage)
  • Fast Travel Games: (early stage)
  • Watty: (mid stage)
  • Werlabs: (mid stage)
  • DHS Venture Partners: (early stage)
  • Karmalicious AB: (early stage)
  • Natural Cycles: (early stage)
  • Teamtailor: (early stage)
  • Tink: (early stage)
  • Fishbrain: (early stage)
  • Headweb: (mid stage)
  • Tobin Properties AB: (early stage)
  • Sportamore.se: (early stage)
  • Avanza Bank: (late stage)
  • Eniro: (late stage)
  • Glorious Games Group AB (prev. Stardoll AB): (early stage)
  • LOVEFiLM:

Mattias Miksche

Stockholm Sweden, Sweden

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Education • FinTech (& Financials services) • Retail (& E-Commerce) • Entertainment (& Sports) • A.I. (& Big Data) • Blockchain (& Cryptos) • Food & Beverage • Insurance (& InsurTech) • Mobile Apps • Online Social

Description

Entrepreneur & Angel Investor

Entrepreneur & Angel Investor


Mattias Miksche is a Co-Founder and serves as Chief Executive Officer at Stardoll. Miksche also co-founded E*Trade Financial. He also serves as the Board Member at Dustin and FishBrain. He is Founder of Clique. He is Board Member at PriceRunner and EuroFlorist. He also serves as Venture Partner at DHS Venture Partners.

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Nicolas Landrin
Investing in Software (Web Marketplace Saas..) &b...
 Clermont-Ferrand, France
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Previous Investments
  • Nestwave:
  • Fenotek: (early stage)
  • Algodone: (early stage)
  • Apizee: (mid stage)
  • ARIONEO: (early stage)
  • LeddarTech - Mastering Lidar Sensor Technology: (late stage)
  • Link Care Services:
  • Medicapp Connect: (mid stage)
  • Ownpage Technology: (mid stage)
  • Sparkow:
  • E-Blink: (early stage)
  • SIEN Solutions: (mid stage)
  • eYeka: (mid stage)
  • IJENKO: (early stage)
  • BeamExpress SA:
  • Aldebaran Robotics: (early stage)
  • Sequans Communications (NYSE:SQNS): (early stage)
  • Advestigo:
  • OpenPlug: (early stage)
  • Realeyes3D: (early stage)
  • iSource Venture Capital:

Nicolas Landrin

Clermont-Ferrand, France

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Entertainment (& Sports) • HealthTech (& Fitness) • Food & Beverage • Logistics (& Distribution) • Material Science

Description

Executive Director, Center for Entrepreneurship & Innovation at ESSEC Business School

Executive Director, Center for Entrepreneurship & Innovation at ESSEC Business School

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Harold Primat
Investing in Software (Web Marketplace Saas..) &b...
 , Switzerland
Investor Picture
Previous Investments
  • Buzzbike: (mid stage)
  • 2020 Armor: (mid stage)
  • UNIT 1: (mid stage)
  • VALTIK Foods: (mid stage)
  • Wingfield:
  • HYPERVSN: (late stage)
  • Kayrros: (early stage)
  • leAD Sports Accelerator: (early stage)
  • Playbrush: (mid stage)
  • busuu: (late stage)
  • Tractive: (mid stage)
  • Diamond Racing/Saulnier Racing:

Harold Primat

, Switzerland

Investing In

Software (Web Marketplace Saas..) • Education • Hardware (& Manufacturing) • Entertainment (& Sports) • Food & Beverage • Mobile Apps • SaaS • Healthcare (& Wellness) • Pets • Online Social • Consumer

Description

Investor and former professional racing driver

Investor and former professional racing driver

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Piotr Smolen, Cfa
Investing in FinTech (& Financials services) &bul...
 , Poland
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Previous Investments
  • symmetrical.ai: (early stage)
  • Ramp Network: (early stage)
  • Sundose: (early stage)
  • Data Ventures: (early stage)
  • Turbine Analytics: (early stage)

Piotr Smolen, Cfa

, Poland

Investing In

FinTech (& Financials services) • Blockchain (& Cryptos) • Food & Beverage • Insurance (& InsurTech) • Mobile Apps • SaaS • Healthcare (& Wellness) • Mobile

Description

CEO & Co-Founder at symmetrical.ai

CEO & Co-Founder at symmetrical.ai

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Ellie Wheeler
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
Investor Picture
Previous Investments
  • Indy: $42590000 (Later stage VC)
  • Yubo(Social Content): $12300000 (Later stage VC)
  • Qonto:
  • Feed.: (early stage)
  • Shopmium: (mid stage)
  • La Ruche Qui Dit Oui !: (early stage)
  • Tag Commander: (early stage)
  • A Little Market: (mid stage)
  • Kisskissbankbank: (early stage)
  • Conexance: (early stage)
  • XAnge Private Equity: (early stage)
  • Meals on Wheels South Florida: (Grant)
  • Ahara: $10000000 (Seed)
  • Elevate: $28000000 (Series B)
  • Elevate: $12000000 (Series A)
  • Hospital for Special Surgery: $21000000 (Series A)
  • Hopscotch: $8000000 (Seed)
  • Innerwell: $3000000 (Pre Seed)
  • ianacare: $12000000 (Series A)
  • Expel: $140000000 (Series E)
  • Expel: $50000000 (Series D)
  • Expel: $40000000 (Series C)
  • Expel: $20000000 (Series B)
  • Expel: $7500000 (Series A)
  • Expel: $8000000 (Series A)
  • Boost: $20000000 (Series B)
  • Boost: $14000000 (Series A)
  • Boost: $3000000 (Seed)
  • Eden Health: $25000000 (Series B)
  • Eden Health: $10000000 (Series A)
  • Eden Health: $4000000 (Seed)
  • Hubble Contacts: $45000000 (Series B)
  • Hubble Contacts: $10000000 (Series A)
  • Hubble Contacts: $17000000 (Series A)
  • Hubble Contacts: $3700000 (Seed Round)
  • Hubble Contacts: $4000000 (Seed)
  • Blinkist: $19000000 (Series C)
  • Blinkist: $9000000 (Series B)
  • Blinkist: $4000000 (Series A)
  • NuORDER: $8000000 (Series B)
  • NuORDER: $3000000 (Series Unknown)
  • NuORDER: $8000000 (Series A)
  • NuORDER: $4000000 (Seed)
  • Flashpoint: $28000000 (Series C)
  • Flashpoint: $10000000 (Series B)
  • Flashpoint: $5000000 (Series A)
  • Firstleaf: $4000000 (Series A)
  • Firstleaf: (Seed)
  • Penrose Hill: $4000000 (Series A)
  • HealthReveal: $11000000 (Series A)
  • HealthReveal: $11000000 (Series A)
  • Cotopaxi: $11000000 (Series B)
  • Cotopaxi: $7000000 (Series A)
  • BaubleBar: $20000000 (Series C)
  • BaubleBar: $10000000 (Series B)
  • BaubleBar: $5000000 (Series A)
  • Eloquii: $6000000 (Series A)
  • Fisoc: $19000000 (Series Unknown)
  • Fisoc: $21000000 (Series D)
  • Fisoc: $5000000 (Series C)
  • Fisoc: $4000000 (Series Unknown)
  • Savoteur: $4000000 (Series B)
  • Savoteur: $2000000 (Series A)
  • QuizUp: $27000000 (Series B)
  • QuizUp: $3000000 (Series A)
  • Foodomarket: $12000000 (Series A)
  • Virgil: $16000000 (Series A)
  • Virgil: $2000000 (Seed)
  • MyTraffic: $30000000 (Series B)
  • MyTraffic: $12000000 (Series A)
  • TheGuarantors: $50000000 (Series C)
  • TheGuarantors: $15000000 (Series B)
  • TheGuarantors: $12000000 (Series A)
  • TheGuarantors: (Seed)
  • POC Pharma: $10000000 (Series A)
  • Ankorstore: $280000000 (Series C)
  • Ankorstore: $100000000 (Series B)
  • Ankorstore: $30000000 (Series A)
  • Ankorstore: $7000000 (Seed)
  • Ankorstore: $600000 (Seed)
  • Qover: $25000000 (Series B)
  • Qover: $9000000 (Series Unknown)
  • Qover: $8000000 (Series A)
  • JobTeaser: $56000000 (Series C)
  • JobTeaser: $17000000 (Series B)
  • Sqreen: $14000000 (Series A)
  • Sqreen: $4000000 (Seed)
  • Sqreen: (Seed)
  • Meero: $45000000 (Series B)
  • Meero: $18000000 (Series A)
  • JobTeaser.com: $15000000 (Series A)
  • La Ruche qui dit Oui: $9000000 (Series B)
  • La Ruche qui dit Oui: $2000000 (Seed)
  • Believe: $60000000 (Series B)
  • Evaneos: $6000000 (Series B)
  • alittlemarket.com: $2000000 (Seed)
  • MixCommerce: $7000000 (Series B)
  • Believe Digital: $2000000 (Seed)
  • CONEXANCE MD: $1000000 (Series Unknown)

Ellie Wheeler

Paris, France

Investing In

Software (Web Marketplace Saas..) • FinTech (& Financials services) • Blockchain (& Cryptos) • Future Of Work • Food & Beverage • Insurance (& InsurTech) • Consumer

Description

Partner at Alven

Seed & Series A VC in Europe focus on marketplaces, fintech, SaaS

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Anvita Mudkani
Investing in Software (Web Marketplace Saas..) &b...
 Berlin, Germany
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Previous Investments
  • Brandless, Inc.: (early stage)
  • MasterClass: (early stage)
  • Casper: (early stage)
  • Blinkist: (mid stage)
  • Skoove: (early stage)
  • P & T - Paper & Tea GmbH: (mid stage)
  • Berlin Partner GmbH:

Anvita Mudkani

Berlin, Germany

Investing In

Software (Web Marketplace Saas..) • Businesses Solutions • HealthTech (& Fitness) • Food & Beverage • Consumer

Description

Venture Capitalist @ IBB Bet (public VC in Berlin)

Senior Investment Manager at IBB Ventures

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Frédéric Mazzella
Investing in Software (Web Marketplace Saas..) &b...
 Paris, France
Investor Picture
Previous Investments
  • Duo Security: (late stage)
  • STATION F / Halle Freyssinet:
  • DiGEiZ: (early stage)
  • Le Slip Français: (mid stage)
  • onoff Telecom: (early stage)
  • speachme: (early stage)
  • The Refiners: (early stage)
  • WELP FRANCE: (early stage)
  • Cleanio: (early stage)
  • GoJob.com: (early stage)
  • Holidog: (mid stage)
  • howtank: (mid stage)
  • Menu Next Door: (early stage)
  • NUMA Paris: (early stage)
  • Patatam: (early stage)
  • 50 Partners: (early stage)
  • TheFamily: (early stage)
  • Dualo: (early stage)
  • ISAI Gestion:
  • BlaBlaCar: (early stage)
  • Credijusto.com: (mid stage)
  • Ribbon:
  • Figure: (early stage)
  • Ladder Life: (mid stage)
  • Tala: (late stage)
  • PeerStreet: (mid stage)
  • Singular.net: (mid stage)
  • LendUp: (mid stage)
  • 77 Foods: $28000000 (Series A)
  • Deligo Vision Technologies: $3000000 (Seed)
  • MentorShow: $16000000 (Series A)
  • La Vie: $28000000 (Series A)
  • Wecasa: $18000000 (Series A)
  • YZR: $2000000 (Seed)
  • Assurup: $1000000 (Seed)
  • Bim App: $3000000 (Series Unknown)
  • Rediv: $4000000 (Series B)
  • Rediv: $1000000 (Series A)
  • Happydemics: $2000000 (Seed)
  • Gojob: $2000000 (Seed)
  • SchoolMouv: $1000000 (Seed)
  • Bnbsitter: $3000000 (Series A)
  • Zenpark: $7000000 (Series A)
  • Onfido: $5000000 (Series A)
  • Yescapa: $620000 (Angel)
  • Shapr: $3000000 (Series Unknown)
  • StarOfService: $500000 (Seed)

Frédéric Mazzella

Paris, France

Investing In

Software (Web Marketplace Saas..) • Hospitality (& Events) • Autonomous vehicles (& Cars) • Future Of Work • Food & Beverage • Impact • Insurance (& InsurTech) • DeepTech

Description

Founder at BlaBlaCar

Founder at BlaBlaCar - Co-President Entrepreneur at France Digitale


Frederic Mazzella is a Cu-Founder and serves as President and Executive Chairman at BlaBlaCar. He is a Board Member of Olio. Since pioneering the idea in 2004, he continues to lead BlaBlaCar's vision of creating a global people-powered network with a trusted community of drivers and passengers. He focuses on the excellence of the product, establishing trust within the ridesharing community and drives the overall communication of the brand. With a data-driven mindset and a believer in the power of laughing to learn, he is also a strong advocate of sustainable development, entrepreneurship, transforming the global marketplace and building trust in online communities. Prior to founding BlaBlaCar, He held the role of scientific researcher at NASA (USA) and NTT (Japan). He holds an MBA in Business and Entrepreneurship from INSEAD, a Masters in Computer Science from Stanford and a Masters in Physics from Ecole Normale Superieure. He is also an Angel Investor. He also serves as Board Member at SIDE Capital. He also serves as Co-President of the Board at France Digitale.

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Carman Chan
Investing in Software (Web Marketplace Saas..) &b...
 Hong Kong Hong Kong ,..., Hong Kong SAR
Investor Picture
Previous Investments
  • Get (social ticketing platform): $2500000
  • Arthena: $1000000
  • BITE Investments:
  • Commaful: (mid stage)
  • Female Entrepreneurs Worldwide: (mid stage)
  • SoGal Ventures: (mid stage)
  • ZiffyHomes: (mid stage)
  • iComply Investor Services:
  • Jumpstart:
  • Reby:
  • ArcticStartup:
  • Arcus: (mid stage)
  • Butterfleye Inc.: (mid stage)
  • KitSplit:
  • KYC- Chain Ltd.:
  • ORii - The world's first voice powered ring: (early stage)
  • Sana:
  • Starcity: (early stage)
  • Blocks:
  • Entro - The Best Tool for Email Introductions:
  • Mogul Inc.: (early stage)
  • Qnect: (early stage)
  • Wonderlabs.io: (early stage)
  • YouAppi: (mid stage)
  • Captiv8: (early stage)
  • DocuSign:
  • Hello Scout, Inc.: (early stage)
  • LYNK (previously The Straits Network): (early stage)
  • Memebox Corporation: (mid stage)
  • Oddup: (early stage)
  • Sourceeasy:
  • True Global Ventures: (mid stage)
  • Cozymeal: (early stage)
  • FutureLeague (FKA Camperoo, Inc.): (early stage)
  • Kabam: (late stage)
  • Palantir Technologies:
  • ParkLU.com: (mid stage)
  • Spotify: (late stage)
  • Testlio: (early stage)
  • Click Ventures: (early stage)
  • Crave:
  • Goldbely.com: (early stage)
  • Launchpilots: (early stage)
  • Wefunder: (early stage)
  • Click Limited:
  • EnglishStreet.com:

Carman Chan

Hong Kong Hong Kong - Valley California - Europe - China, Hong Kong SAR

Investing In

Software (Web Marketplace Saas..) • IT (& TMT) • Hospitality (& Events) • Education • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • IoT (& Wearables) • A.I. (& Big Data) • Advertising • Analytics • Developer tools • Food & Beverage • Consumer

Description

Entrepreneur and tech columnist turned Venture Capitalist!

Carman Chan is the Founder and serves as Managing Partner at Click Ventures. She is also an Angel Investor. She serves as Partner and Member of the Investment Committee at True Global Ventures.

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Alexandre Neuvéglise
Investing in Education • Businesses Solution...
 Paris, France
Investor Picture
Previous Investments
  • Agorize: (late stage)
  • Foodles.: (mid stage)
  • YES 'N'​ YOU: (late stage)
  • Doctopolitan: (early stage)
  • Otium Capital: (early stage)

Alexandre Neuvéglise

Paris, France

Investing In

Education • Businesses Solutions • Energy • Retail (& E-Commerce) • CleanTech • HealthTech (& Fitness) • Food & Beverage • Material Science

Description

Investment Director at Creadev

Investment Director at Creadev

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