Europe is home to 217 unicorn startups, a group led by the financial technology company Revolut with its $75B valuation. The continent's startup landscape includes a mix of industries, from finance to artificial intelligence.
Newer companies like Paris based Mistral AI, founded in 2023, have quickly reached a high valuation. Meanwhile, hardware companies like Northvolt, the battery maker, have raised $13.8B.
Below is the full list of 217 European unicorn startups at this time.
Top 10 Most Valuable European Unicorns
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2,189 Accelerators & Incubators
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1,600+ Unicorns
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250 BioTech & Health Investors
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250 AI Investors
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250 Fintech Investors
List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Revolut built a financial super app that brings banking services, money transfers, and foreign exchange into one place. The platform gives users tools for low-cost international transactions and detailed analytics on their spending habits.
| Valuation | $75B (Joined April 2018) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2015 |
| Founders | Nikolay Storonsky, Vlad Yatsenko |
| Funding Amount | $1.9B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Undisclosed |
| Top Investors | Bond, Lakestar, Ribbit Capital, Index Ventures, Coatue |
Checkout.com builds a flexible payment processing platform for enterprise businesses operating on a global scale. Their technology gives merchants access to numerous payment methods and currencies through one integration, helping them capture more revenue.
| Valuation | $40B (Joined May 2019) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2012 |
| Founders | Guillaume Pousaz |
| Funding Amount | $1.8B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Ribbit Capital, Endeavor Catalyst, Coatue, Franklin Templeton |
FNZ builds a wealth management platform that provides technology and investment services to financial institutions. Their system handles the complex back-end operations, allowing partners to deliver modern, personalized wealth products to their clients.
| Valuation | $20B |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2004 |
| Founders | Adrian Durham |
| Funding Amount | $5.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Corporate Round |
| Top Investors | Generation Investment Management, Temasek Holdings, General Atlantic, La Caisse, Raymond James |
Mistral AI builds open-source and commercial large language models designed for a wide range of applications. Their platform offers powerful AI services and APIs that help enterprises integrate generative AI capabilities.
| Valuation | $14B (Joined December 2023) |
| Headquarters | Paris, Ile-de-France, France |
| Year Founded | 2023 |
| Founders | Arthur Mensch, Charles Gorintin, Guillaume Lample, Jean Charles Samuelian, Timothee Lacroix |
| Funding Amount | €2.8B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series C |
| Top Investors | General Catalyst, Bpifrance, NVIDIA, LocalGlobe, Andreessen Horowitz |
Helsing creates AI software that serves as a digital backbone for defense systems in democratic nations. Their core technology focuses on processing vast amounts of sensor data from sources like drones to provide a clear, real-time operational picture.
| Valuation | $14B (Joined September 2023) |
| Headquarters | Berlin, Berlin, Germany |
| Year Founded | 2021 |
| Founders | Gundbert Scherf, Niklas Köhler, Torsten Reil |
| Funding Amount | €1.4B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Lightspeed Venture Partners, Plural, Accel, BDT & MSD Partners, General Catalyst |
Celonis builds an execution management system that relies on process mining to show companies how their business actually operates. Their platform pinpoints and resolves inefficiencies in core processes, enabling companies to run their operations at maximum capacity.
| Valuation | $13B (Joined June 2018) |
| Headquarters | Munich, Bayern, Germany |
| Year Founded | 2011 |
| Founders | Alexander Rinke, Bastian Nominacher, Martin Klenk |
| Funding Amount | $2.4B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | TCV, Accel, Franklin Templeton, Deutsche Bank, Bank of America |
The Access Group provides a suite of fully integrated business management software and consultancy services. Their platform helps organizations across various sectors manage key operations from finance and accounting to HR.
| Valuation | $12B |
| Headquarters | Loughborough, Leicestershire, United Kingdom |
| Year Founded | 1991 |
| Founders | Sarj Radia, Sarj Radia |
| Funding Amount | £1.1B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | GIC, Hg, TA Associates, Horizon Capital |
Northvolt develops and manufactures sustainable lithium-ion batteries designed for electric vehicles, industrial systems, and energy storage. They are building a complete, circular European battery supply chain with a focus on clean energy and extensive recycling.
| Valuation | $12B |
| Headquarters | Stockholm, Stockholms Lan, Sweden |
| Year Founded | 2016 |
| Founders | Harald Mix, Nikolai V Gourine, Paolo Cerruti, Peter Carlsson |
| Funding Amount | $13.8B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | BlackRock, European Investment Bank, Bpifrance, BNP Paribas, Goldman Sachs |
Oura builds a smart ring that tracks key health signals like sleep, activity, and body temperature. The wearable provides personalized health insights to help users understand their bodies and improve their overall well-being.
| Valuation | $11B (Joined April 2022) |
| Headquarters | Oulu, Oulu, Finland |
| Year Founded | 2013 |
| Founders | Markku Koskela, Petteri Lahtela |
| Funding Amount | $1.5B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Bank of America, Temasek Holdings, Alumni Ventures, Citi, Andreessen Horowitz |
Bending Spoons develops a suite of popular mobile applications focused on creative and productivity tasks. They are particularly recognized for their powerful video editing tools that bring professional-grade features to everyday users.
| Valuation | $11B (Joined February 2024) |
| Headquarters | Milan, Lombardia, Italy |
| Year Founded | 2013 |
| Founders | Francesco Patarnello, Luca Ferrari, Luca Querella, Matteo Danieli, Tomasz Greber |
| Funding Amount | $4.9B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Goldman Sachs, Wells Fargo, Bank of America, BNP Paribas, HSBC |
The Remaining 207 European Unicorns
The ten most valuable companies are just the beginning of Europe's startup story. Across the continent, founders in fintech and AI are especially busy building what comes next.
These companies are at different points in their growth, but they all point to a healthy and diverse startup community. The table below introduces the rest of the unicorns making their mark on Europe.