35% of startup investments go to SaaS
Last year $285bn was invested in startups globally
Europe is outperforming key markets
24% of funding comes from angel investors & FOs
Nordic startup unicorns increased by 6.1x
35% of crypto startups are in Europe
64% of European VCs are unprofitable
Comparing The Startup Markets
Only 6% Make the VC Cut
Over 86% of startups fail and less than 0.1% IPO
AI may be in a bubble, Europe can’t match Silicon Valley investments, and VCs are still driving AI growth.
Estonia and Iceland are all in on startups, VCs continue placing the wrong bets, and billion-dollar startups are thriving in Estonia.
