EUROPE’S UNTAPPED VENTURE POTENTIAL

Of Europe’s over 500 million residents, over half identify as women. An estimated 15 million Black, 7 million North African, and many, many more are of Middle Eastern, East Asian and Hispanic/Amerindian-origin.

STATISTICS

Past Atomico “State of European Tech” reports conclude that European tech companies have made “dismal” progress on ethnic diversity, that gender diversity has “stalled” and that discrimination remains a “systemic problem”.

In 2021, Forbes cited a 48,000-company study showing that European startups led by men received 93% more funding than those led (or co-led) by women. These reports suggest a lack of diversity in Europe, but the opposite is true.

In fact, the combination of digital technology and global migration (and immigration) is driving rapid change.

EU INNOVATION PARTNER

Reporters rely on well-networked “fixers” whilst abroad or on unfamiliar terrain. As a tech “fixer,” I connect top US and EU technologists, researchers and policy experts who are building the innovations of tomorrow. Most deals I source involve highly-educated immigrant and under-represented founders with expert knowledge and significant grit.

If your innovation activities don’t yet involve scaling sustainable, privacy-first digital companies, you should get in touch: some of the EU’s most talented founders are under the radar of traditional venture and private equity funds.

Selected EU Investments