About High Tech sector in Europe
The High Tech sector in Europe comprises 61.3K companies, including 15.7K funded companies having collectively raised $274B in venture capital money and private equity. Out of these, 6K are Series A+ funded, and 81 have achieved unicorn status.
High Tech sector in Europe has seen 2.68K acquisitions and 923 IPOs. This represents almost 5.9% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes companies building technology-intensive products and software related to Drones, 3D Printing, Nanotechnology, and Edge Computing.
High Tech sector is also known as Advanced Tech, Emerging Tech, Deep Tech, Disruptive Tech or Innovative Tech.
Companies offering HiTech solutions like 3D Printing, Virtual Reality, Augmented Reality, Natural Language Processing, etc are included in this sector. Excludes companies that provide solutions which do not involve much technology like, E-Commerce, Agricultural equipments, biomedical equipments, life science solutions, cybersecurity solutions, service solution providers for technology companies, IT services, etc.
Top High Tech Companies in Europe
There are 61,346 High Tech startups in Europe which include Withings, Ledger, Sinch, Hugging Face, Oura. Out of these, 15,728 startups are funded, with 5,996 having secured Series A+ funding, and 81 achieving unicorn status.
2026 has seen the creation of 1,767 High Tech startups in Europe. Over the past 10 years, an average of 3,080 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, Imperial College London and University of Oxford.
Here is the list of top High Tech startups in Europe
1. Withings
Withings provides solutions for health monitoring, sleep monitoring, activity monitoring and home environment monitoring. Withings provides computing and storage resources for app building. Its product, Wifi BodyScale can measure both weight and fat mass and upload the data to the cloud over wi-fi. Withings home is a video monitoring and security. Withings Thermo, a WiFi connected thermometer, measures temperature from the temporal artery on the die of the head. The company plans to launch the device for $99.95. The connected app will be available for iOS and Android devices.
Key facts about Withings
- Founded Year: 2008
- Location: Moulineaux (France)
- Stage: Acquired
- Total Funding till date: $93.8M
- Investors: Bpifrance, Gilde Healthcare and 8 Others
- Latest Funding Round: Series B, Jul 28, 2020, $*****
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 1 of 2,224 Competitors
2. Ledger
Blockchain based hardware wallet for cryptocurrency. Its products offered include Nano X, Nano S, Blue, and OTG Kit. It supports multiple cryptocurrencies including Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, and more. It offers a vault which is a multi authorization cryptocurrency wallet management solution.
Key facts about Ledger
3. Sinch
Provider of customer communications management platform. It streamlines customer communication across message, voice, and email channels. It enables users to create and send personalized mobile message campaigns to the customers. It offers an omnichannel API to engage customers with personalized conversations on different channels. Features include verification APIs, video calling, and more.
Key facts about Sinch
- Founded Year: 2008
- Location: Stockholm (Sweden)
- Stage: Public
- Total Funding till date: $12M
- Investors: SB Northstar, Neqst and 8 Others
- Latest Funding Round: Post IPO, Sep 30, 2021, $*****
- Tracxn Score: 81/100 What is this?
- Competitors Rank: 3 of 5,737 Competitors
4. Hugging Face
Platform offering collaborative tools for sharing and deploying machine learning models. It provides a centralized hub where users can access a vast collection of pre-trained models and datasets across various domains. The platform supports the creation and hosting of interactive machine learning applications, enabling developers and researchers to showcase their work and facilitate community engagement.
Key facts about Hugging Face
- Founded Year: 2016
- Location: Paris (France)
- Stage: Acquired
- Total Funding till date: $400M
- Investors: Lux Capital, Salesforce and 35 Others
- Latest Funding Round: Series D, Aug 22, 2023, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 294 Competitors
5. Oura
Developer of a smart ring for sleep, fitness, stress, and health. The ring collects personal health metrics and insights through biometric readings. It focuses on wellness, longevity, activity, fitness, heart health, women's health, and stress management. The device is designed for comfortable, continuous wear to provide data-driven health awareness.
Key facts about Oura
- Founded Year: 2013
- Location: Oulu (Finland)
- Stage: Series E
- Total Funding till date: $1.32B
- Investors: Bedford Funds, TCG Ventures and 71 Others
- Latest Funding Round: Series E, Jul 17, 2026, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 1 of 330 Competitors
Companies founded year-on-year in the High Tech sector in Europe
1,767 new startups have been founded so far in 2026 in the High Tech sector in Europe. 4,327 High Tech startups in Europe were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 1,767 |
2025 | 1,975 |
2024 | 1,862 |
2023 | 2,313 |
2022 | 3,026 |
2021 | 3,990 |
2020 | 3,629 |
2019 | 3,943 |
2018 | 4,327 |
2017 | 3,975 |
Stage-wise distribution of High Tech sector companies in Europe
Out of the total 61,346 High Tech companies in Europe, 15,728 have secured funding. Among them, 5,996 have reached Series A or higher, and 4,459 to Series B or beyond.
Founded - 61,346
Funded - 15,728
Series A+ - 5,996
Series B+ - 4,459
Series C+ - 3,977
Company Stage | No. of companies |
|---|---|
Founded | 61,346 |
Funded | 15,728 |
Series A+ | 5,996 |
Series B+ | 4,459 |
Series C+ | 3,977 |
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Funding Trends in the High Tech sector in Europe
Total funding year-on-year in the High Tech sector in Europe
The High Tech sector in Europe saw a total funding of more than $244B in the last 10 years. The most amount of funding has been in 2026 at more than $54.7B till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $54.7B |
2025 | $28.3B |
2024 | $32.1B |
2023 | $22.7B |
2022 | $24.7B |
2021 | $31.6B |
2020 | $15.8B |
2019 | $17.7B |
2018 | $9.62B |
2017 | $6.51B |
Recent Funding Rounds in High Tech in Europe
In the year 2026, till October 2026, High Tech companies in Europe have raised $41.1B in equity funding across 682 rounds.
In the same period last year (i.e. till October 2025), High Tech companies in Europe had raised $18.8B across 881 rounds.
So, 2026 has seen a 118.41% rise in funding in High Tech companies in Europe as compared to 2025.
Here are some recent, important funding rounds in High Tech companies in Europe:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 5724 | Oct 30, 2026 | - | |
Seed | 7844 | Oct 29, 2026 | - | |
Seed | 2336 | Oct 29, 2026 | and 3 more | |
Seed | 1132 | Oct 27, 2026 | ||
Seed | 4332 | Oct 27, 2026 |
Top Investors in High Tech in Europe
Europa is the top investor in High Tech companies in Europe based on number of companies invested.
Here are some top investors in High Tech companies in Europe:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Brussels (Belgium) | ||
Sunnyvale (United States) | ||
Menlo Park (United States) | ||
New York City (United States) |
M&A activity in High Tech sector in Europe
In the year 2026, till October 2026, 160 acquisitions happened in High Tech sector in Europe. Last year, in 2025, a total of 253 acquisitions happened in High Tech sector in Europe.
Here are some recent, important acquisitions in High Tech sector in Europe:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Oct 28, 2026 | ||
Business Acquisition | Oct 27, 2026 | ||
Business Acquisition | Oct 23, 2026 | ||
Business Acquisition | Oct 21, 2026 | ||
Business Acquisition | Oct 19, 2026 |
Acquisition trends in High Tech sector in Europe
Here are the acquisition trends in High Tech sector in Europe:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 160 |
2025 | 253 |
2024 | 234 |
2023 | 257 |
2022 | 315 |
2021 | 302 |
2020 | 199 |
2019 | 191 |
2018 | 169 |
2017 | 160 |
IPOs in High Tech in Europe
In the year 2026, till October 2026, 9 IPOs happened in High Tech sector in Europe.
Here are some recent, important IPOs in High Tech sector in Europe:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 13, 2026 | Helsinki Exchange (HEL) | |
Oct 02, 2026 | Helsinki Exchange (HEL) | |
Sep 30, 2026 | Stockholm Stock Exchange (STO) | |
Sep 22, 2026 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Sep 08, 2026 | Euronext Exchange (Euronext) |
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Colleges which produce the most High Tech companies in Europe
Companies founded by alumni from top colleges in the High Tech in Europe
Most number of High Tech startups in Europe have been founded by alumni from University of Cambridge, Imperial College London and University of Oxford.
College | No. of companies |
|---|---|
University of Cambridge | 350 |
Imperial College London | 266 |
University of Oxford | 239 |
University College London | 128 |
Technical University of Munich | 124 |
INSEAD | 107 |
Massachusetts Institute of Technology | 105 |
Stanford University | 99 |
HEC Paris | 97 |
Harvard University | 82 |
Total funding in High Tech companies founded by alumni from top colleges in Europe
In the last 10 years, University of Cambridge graduates' High Tech companies in Europe have raised the most funding among top colleges. University of Oxford alumni are second, and Stanford University alumni are third.
College | Total Funding |
|---|---|
University of Cambridge | $14.3B |
University of Oxford | $8.7B |
Stanford University | $8.14B |
Imperial College London | $5.94B |
HEC Paris | $5.04B |
London Business School (LBS) | $4.4B |
University College London | $3.96B |
INSEAD | $3.83B |
Massachusetts Institute of Technology | $3.38B |
Technical University of Munich | $3.17B |
Top News in High Tech in Europe
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BARVL partners with France's XtreeE to launch robotic 3D construction printing in IndiaBusinessFortNight•Oct 29, 2026•XtreeE
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ENERZAi Expands Broadcom Partnership with On-Device AI DemosAiThority•Oct 28, 2026•Sagemcom, Broadcom, ENERZAi, Kaon
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Cloudera Launches Blueprints to Facilitate AI Production DeploymentChannelLife•Oct 28, 2026•Cloudera, Mistral AI
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EVI Safety Technology Launches Crew-First Mode for AI Cameras, Enhancing Seafarer PrivacyDigital Ship•Oct 27, 2026•Evi
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