2025年欧洲科技状况报告：迈向欧洲首个万亿欧元科技公司之路（英文）

Vibrant ecosystem All the raw ingredients are here Hiring eases off Most founders stay Optimism returns of European founders starttheir company in Europe82% 40% 42%say it’s more attractive tobecome a founder in Europethan 12 months ago find it easier to recruit andretain top-tier talent than 12months ago Europe’s gravitational pull on talent Talent on rocket ships Competing on the global stage Let’s not pat ourselves on theback too soon Investment levels have been stagnant Total capital invested ($B) in Europe, 2016 to 2025 We are bootstrapping our future Total capital invested ($B) in Europe and United States, 2016 to 2025 The bar keeps being raised Capital not scaling as fast as talent Share of companies (%) that go on to raise funding What got us to $100B, won’t get us to $1T Procurement $2T 9% spent by Europeancorporates andgovernments on IT of public procurementgoes to innovation 20%equivalent in the US 3x mostly going to USvendors Europe’s Mighty 50 shining bright Horizontal Infra & Software Notes:Data is as of 30 September 2025. Based on revenues, headcount, enterprise value and/orcapital raised since 2016. Larger grey bubbles represent companies with revenues of $500M ormore, while smaller white bubbles represent companies with revenues below $500M. We must fix Europe for our future Equal parts belief and doubt Do you believe Europe can define its technologicalfuture on its own terms in the age of AI? Fix Europe for founders Let’s do it right. 2026 could determine the path forward Overview ofselectedEuropean Commision work programme initiatives for 2026 €T+ companiesare coming to Europe It’s abouthow fastwe get there Thetime to actis now Thank you