欧洲和以色列的创始工厂；2025

IntroductionVenture-backed unicornsFounder factories help to fuel thriving tech hubsFounder factories in the spotlightFounder factories emerge from founder factoriesFunding for founder factory startupsContentsACCEL × DEALROOM P. 18P. 14P. 10P. 08P.06P. 04 25 years on, Europe is home to the vibrantecosystem we see today. The region isa powerhouse of talent, innovation andambitious entrepreneurs who have thevision and determination to build globalcategory-defining companies. FollowingSkype gaining unicorn status in 2005,Europe saw its first decacorn in 2016(Supercell) and cloud decacorn in 2020(UiPath). Today, there are more than360 unicorns across Europe and Israel.These iconic companies have laid thefoundations of today’s thriving landscape,proving that successful companies cancome from anywhere, and providingall-important role models for the nextgeneration of entrepreneurs.When Accel opened its London office in 2000, Europe’stechnology ecosystem was nascent. While manyquestioned Europe’s ability to generate billion dollaroutcomes, we believed that ambitious founders couldcome from anywhere.Introduction4 Marking our 25th anniversary in theregion, this report reveals that Europe andIsrael’s unicorns are now fuelling the nextgeneration of startups across the region.With former unicorn employees foundingmore than 2,000 companies, it is clear thatthe talent flywheel is now spinning – themost fundamental ingredient of anytechnology ecosystem.Today in Europe and Israel, there is anetwork of people who have experiencedthe startup journey before and have theproduct, engineering and managementexperience needed to build resilient,enduring businesses. We’re looking forwardto seeing the innovation that comes out ofthe region in the future. Venture-backed unicornsWhen Accel opened its London officein 2000, Europe had yet to produce aunicorn. Today, there are more than 360European and Israeli founded unicorns.Portugal5Norway5Estonia5Ireland7Finland7Switzerland9DenmarkTOP COUNTRIES BY VENTURE-BACKED UNICORNSFounded in Europe and Israel, excludingBiotech and Quasitech6 NUMBER OF 2NDGENERATIONSTARTUPSSource: Dealroom.coThere are now 26unicorns that haveeach seen 20 ormore tech-enabledstartups created byformer employees. Founder factoriesin the spotlight360More thanVC-backed unicorns foundedin Europe and Israelnew tech-enabled startupsacross the region, as formeremployees become founders2,027281 of thesehave fuelled8 As the talent flywheel continues tospin and the region’s tech ecosystemevolves and matures, 22 Europeanand Israeli unicorn founder factorieshave produced an additional 25 unicornfounder factories between them.Some unicorns have nurtured morethan one unicorn founder factory inthe second generation. From unicorn founderfactories, more unicornfounder factories emerge10 The following startup cohorts analyzed have raised $1B or more.Startups shown have raised $20M or more according to Dealroom data.Funding for founderfactory startups14 60%COMPANIES LISTED ARE THOSE THAT HAVE RAISED $20M OR MORE IN FUNDINGSource: Dealroom.co1/3ACCEL × DEALROOM of the 2,027 startups spun out of unicornshave secured $1M or more in fundinghave secured $10Mor more in funding Founder factories helpto fuel thriving tech hubsMore than half (53%) of companiesstarted by former unicorn employeeswere founded in the same city as theunicorn where they previously worked.This has resulted in thriving tech hubsdeveloping around these unicornsacross Europe and Israel, laying thefoundations for future success.1. LONDON34 unicorn founder factories327 startup spinouts62% founded in London3. PARIS29 unicorn founder factories264 startup spinouts69% founded in Paris6. TALLINN5 unicorn founder factories81 startup spinouts46% founded in Tallinn4. TEL AVIV45 unicorn founder factories244 startup spinouts66% founded in Tel Aviv5. STOCKHOLM9 unicorn founder factories208 startup spinouts50% founded in Stockholm2. BERLIN27 unicorn founder factories283 startup spinouts57% founded in Berlin7. MUNICH9 unicorn founder factories65 startup spinouts40% founded in Munich9. AMSTERDAM8 unicorn founder factories50 startup spinouts50% founded in Amsterdam12. HELSINKI4 unicorn founder factories22 startup spinouts64% founded in Helsinki10. BARCELONA5 unicorn founder factories47 startup spinouts55% founded in Barcelona11. MADRID5 unicorn founder factories35 startup spinouts51% founded in Madrid8. COPENHAGEN7 unicorn founder factories56 startup spinouts34% founded in Copenhagen18 Funding for founderfactory startupsSpotlight on the UKThe UK’s unicorns have nurtured themost tech founders across Europe andIsrael, with 45 UK-founded unicornsfuelling 393 startups across the region.Although London is the city with thehighest density of unicorns, fuellingthe largest number of tech-enabledstartups, unicorns founded in othercities across the UK are also fosteringnew tech startups.BRISTOL2 unicorn founder factories12 tech-enabled startup spinoutsWARRINGTON1 unicorn founder fact