This report focuses on the journey to Series A funding for tech-driven startups in Europe, specifically those in the internet age after 1990. The analysis includes companies in software, ecommerce, online marketplaces, hardware, and ICT infrastructure. The report covers investment numbers for seed, series A, B, C, late stage, and growth equity rounds, but excludes debt or other non-equity funding. The report also defines and discusses unicorns and future unicorns, which are rapidly scaling tech-enabled companies with a valuation of $1 billion or more. The combined valuation of startups is based on their market cap or latest transaction value in Euros.
