European tech · Generations

Europe’s share of tech value has tripled

Europe’s share of global VC-backed enterprise value, by founding decade

Share of globalMost valuable European companies founded in each decade

1980sFounded 1980–1989

2.7%

$121B of $4.55T global EV

ASML

^*

Avast

Sophos

1990sFounded 1990–1999

4.1%

$682B of $16.72T global EV

ARM

Booking.com

Actelion

Genmab

Worldpay

2000sFounded 2000–2009

7.4%

$1.03T of $13.87T global EV

Spotify

argenx

BioNTech

Unity

Adyen

Veeam

2010sFounded 2010–2019

12.6%

$1.98T of $15.73T global EV

Revolut

Bending Spoons

Fluidstack

Delivery Hero

Celonis

Since 2020Founded 2020–2025

12.2%15.0% excl. Anthropic

Enterprise value · $634B of $5.19T global

28.8%

Startups founded, by count · 20,441 of 70,898

Mistral AI

ElevenLabs

Helsing

Lovable

Legora

*ASML is not VC-backed and is not in the numbers.

4

Source: Dealroom.co, 30 October 2026. VC-backed companies, not closed, founding or HQ in Europe (Russia excluded); 2026 value. The Adams Street × Dealroom chart with Israel removed (CyberArk, Vast Data, Wiz left out).