Venture Capital/News/ Europe now has 60 startup unicorns How many have you heard of? By Amy Lewin 23 November 2020 \Venture Capital Speedinvest starts €3m fund of funds programme to back emerging managers By Eleanor Warnock 17 February 2023 Venture Capital/News/ Europe now has 60 startup unicorns How many have you heard of? By Amy Lewin 23 November 2020 Like it or not, startup ecosystems are partly defined by how big their unicorn herds are; in other words, by how many companies have hit the billion-dollar valuation mark. In Europe, the unicorn count is steadily growing — and has now hit 60. In 2020 so far, several new unicorns have been ‘born’ — including super-speedily growing events platform Hopin, meal kit company Gousto, communications platform MessageBird, fitness business Gymshark, payments fintech Mollie, messaging platform Infobip, online used car retailer Cazoo, rental kitchens company Karma Kitchen, cybersecurity startup Snyk and electric vehicle maker Arrival. There are also plenty more fast-growing startups likely to join the list soon, from French healthtech startup Alan to German fintech Solaris Bank. Others will leave: Europe has also seen several IPOs this year, including The Hut Group (although Covid has slowed things here) — and is likely to see many more in 2021. To help you keep track of it all, Sifted’s team has compiled a list of Europe’s unicorns using data from European Startups and our own research. Read it here. We’ll update the list whenever a new company hits the billion-dollar valuation. N.B. To make the list, companies must hit the following criteria: headquartered in Europe; founded in 2000 or later; private (not listed or acquired or spun out of a larger company). See the full list of Europe’s 60 unicorns here. Related Articles Meet Europe’s newest female VC partner By Isabel Woodford Click here to read more Europe’s top angel investors By Kim Darrah Click here to read more Nine mental health startups smashing “taboo” in Europe By Kitty Knowles Click here to read more Meet Iris, the new €100m fund created because tech VCs don’t get consumer brands By Tim Smith Click here to read more Most Read 1 \Healthtech Is Daniel Ek’s new body scanner worth the hype? Sifted tried it out 2 \Venture Capital VC diversity needs to change — and white men need to take responsibility 3 \Venture Capital New €3.75bn European Investment Fund pot to back late-stage VCs 4 \Sustainability Counteract closes £15m fund for carbon removal solutions 5 \Mobility Was the $5bn that VCs plugged into escooters worth it?