399 scale-ups in UK, 208 in Germany, 205 in France

Screen Shot 2015-07-06 at 14.05.27

The Startup Europe Partnership (SEP) just published their SEP Monitor: From Unicorns to Reality. There’s a wealth of good data there on fundraising in different categories split by geography. “Scaleups”, companies that have raised $1m-10m, are where we focus and are shown in the picture above. The report also covers companies that have raised over $100m, termed “Scalers”, M&A, and IPOs.

Focusing on amounts raised is an improvement to focusing on valuations but is still a far from perfect measure of startup activity/progress, largely because some great companies raise little or no money. That said, this new analysis largely confirms the geographic picture we’ve been seeing for a while, namely that approaching half of Europe’s startup/venture activity happens in the UK.

  • http://www.declabs.net Carl Pratt

    Nice article, I completely agree!

  • http://www.theequitykicker.com brisbourne

    🙂