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The state of European tech 2021

The festive period is here and that means a few things. Sprouts are back in season, embarrassing music tastes get laid bare by Spotify Wrapped — and Atomico’s State of European Tech report is out.

On the good side it’s been a bumper year in the region. Private funding is triple last year’s record levels, and unicorns are springing up faster than ever before. Europe is cementing itself as a global B2B startups powerhouse and crypto is finally taking off.

On the not-so-good side, women-founded startups received their lowest share of the spoils in five years — and there’s major work to be done to diversify where all that money goes to.

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