How many total Web 3.0 companies are there in Europe?

As of July 2026, Europe has 5573 active Web 3.0 companies.

How many Web 3.0 companies in Europe are funded?

As of July 2026, 2439 companies have received funding in this sector.

What is the total funding raised by Web 3.0 companies in Europe?

Web 3.0 companies in Europe have collectively raised $18.4B in funding till date.

Who are the top investors in Web 3.0 companies in Europe?

The top investors in Web 3.0 companies in Europe by number of investments are Outlier Ventures and Blockchain Coinvestors.

Which is the highest funded Web 3.0 company in Europe?

As of July 2026, Improbable has raised $937M in funding, highest among the funded Web 3.0 companies in Europe.

How many Web 3.0 unicorns are there in Europe?

Europe has produced 9 unicorns in the Web 3.0 sector till date.

List of 8,419 Web 3.0 Startups in Europe & Market Trends (Jul 2026)

The Web 3.0 sector in Europe comprises 8.42K companies, including 2.44K funded companies having collectively raised $18.4B in venture capital money and private equity. Out of these, 445 are Series A+ funded, and 9 have achieved unicorn status.

Web 3.0 sector in Europe has seen 130 acquisitions and 34 IPOs.

This sector includes companies that have websites and applications whose data are stored and interconnected in a decentralized way instead of storing in centralized repositories owned and operated by a single corporate/company.

Web 3.0 sector is also known as Web 3.0 Solutions, Advanced Web 3.0 or Digital Web 3.0.

Companies that are providing infrastructure for blockchain and smart contracts developments. The feed also includes companies that are providing decentralized web 3.0 applications for enterprises, the entertainment industry, individuals, or decentralized web 3.0 applications offering financial services for individuals or businesses. The feed exclude companies that are providing Web 2.0 and Web 1.0 applications, and blockchain/crypto-based financial services which are owned and operated by a corporate or a central authority.

Key Metrics

Total Companies

8.42K

Top Companies

Ledger, Sorare & more

Total Funding

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

130

Also known as

Web 3.0 Solutions or Advanced Web 3.0

View complete details of this sector

There are 8,419 Web 3.0 startups in Europe which include Ledger, Sorare, NEAR, IoTeX, Improbable. Out of these, 2,439 startups are funded, with 445 having secured Series A+ funding, and 9 achieving unicorn status.

2026 has seen the creation of 48 Web 3.0 startups in Europe. Over the past 10 years, an average of 697 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of Cambridge, University of Oxford and University College London.

1. 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

Founded Year: 2014
Location: Paris (France)
Stage: Series C
Total Funding till date: $575M
Investors: 10T, DFG and 70 Others
Latest Funding Round: Series C, Mar 08, 2023, $*****
Tracxn Score: 82/100 What is this?
Competitors Rank: 1 of 578 Competitors

2. Sorare

Provider of blockchain-powered fantasy sports marketplace for a variety of sports. It gives users access to an NFT-based fantasy sports platform where they may play fantasy football in the site's gaming arena, gather virtual player cards, and exchange them for actual cryptocurrency. Additionally, it claims to confirm and authenticate player cards using the Ethereum blockchain. Multilingualism, squad formation and management, and recurring reporting are among its features.

Key facts about Sorare

Founded Year: 2018
Location: Saint Mande (France)
Stage: Series B
Total Funding till date: $739M
Investors: SoftBank Group, Seedcamp and 79 Others
Latest Funding Round: Angel, Nov 09, 2022, $*****
Tracxn Score: 78/100 What is this?
Competitors Rank: 1 of 781 Competitors

View full list of companies in this sector

3. NEAR

Public blockchain network platform. The solution is a scalable smart contract platform that supports decentralized applications of any kind and enables the developers to build, test, and deploy applications that permissionless handle a wide range of digital assets.

Key facts about NEAR

Founded Year: 2017
Location: Zug (Switzerland)
Stage: Series D
Total Funding till date: $542M
Investors: Andreessen Horowitz, MetaStable Capital and 91 Others
Latest Funding Round: Series D, May 10, 2022, $*****
Tracxn Score: 77/100 What is this?
Competitors Rank: 4 of 1,657 Competitors

4. IoTeX

Developer of blockchain infrastructure for real world artificial intelligence. This technology provides decentralized identity protocols and verification layers for machines and devices. It enables the transformation of physical data into actionable intelligence for autonomous systems. The infrastructure supports secure settlement and discovery for connected hardware networks.

Key facts about IoTeX

Founded Year: 2017
Location: Tortola (United Kingdom)
Stage: Series A
Total Funding till date: $50M
Investors: Amber Group, Foresight Ventures and 37 Others
Latest Funding Round: Series A, Aug 27, 2025, $*****
Tracxn Score: 77/100 What is this?
Competitors Rank: 3 of 867 Competitors

5. Improbable

Developer of virtual world software and decentralized digital infrastructure platforms. This business creates technology for building immersive environments, blockchain applications, and artificial intelligence systems. The software supports the creation of persistent digital spaces and automated enterprise workflows. These tools enable the development of interactive experiences and scalable network architectures for various digital applications.

Key facts about Improbable

Founded Year: 2012
Location: London (United Kingdom)
Stage: Series D
Total Funding till date: $937M
Investors: Andreessen Horowitz, SoftBank and 43 Others
Latest Funding Round: Series D, Oct 03, 2022, $*****
Tracxn Score: 77/100 What is this?
Competitors Rank: 1 of 229 Competitors

Access the full list of 8,419 Web 3.0 Startups in Europe

Companies founded year-on-year in the Web 3.0 sector in Europe

48 new startups have been founded so far in 2026 in the Web 3.0 sector in Europe. 1,763 Web 3.0 startups in Europe were founded in 2021 - 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	48
2025	47
2024	212
2023	581
2022	1,292
2021	1,763
2020	544
2019	647
2018	1,068
2017	774

Stage-wise distribution of Web 3.0 sector companies in Europe

Out of the total 8,419 Web 3.0 companies in Europe, 2,439 have secured funding. Among them, 445 have reached Series A or higher, and 241 to Series B or beyond.

Founded - 8,419

Funded - 2,439

Series A+ - 445

Series B+ - 241

Series C+ - 197

Company Stage	No. of companies
Founded	8,419
Funded	2,439
Series A+	445
Series B+	241
Series C+	197

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Total funding year-on-year in the Web 3.0 sector in Europe

The Web 3.0 sector in Europe saw a total funding of more than $18B in the last 10 years. The most amount of funding was in 2021 at more than $4.13B. There has been a total funding of $513M in 2026 till date.

Total Funding

Year	Total Funding
2026	$513M
2025	$2.16B
2024	$1.82B
2023	$1.6B
2022	$3.77B
2021	$4.13B
2020	$505M
2019	$474M
2018	$1.55B
2017	$1.54B

Recent Funding Rounds in Web 3.0 in Europe

In the year 2026, till July 2026, Web 3.0 companies in Europe have raised $495M in equity funding across 31 rounds. In the same period last year (i.e. till July 2025), Web 3.0 companies in Europe had raised $1.15B across 66 rounds. So, 2026 has seen a 57% drop in funding in Web 3.0 companies in Europe as compared to 2025.

Here are some recent, important funding rounds in Web 3.0 companies in Europe:

Company	Round Raised	Amount Raised	Funding Date	Investors
Morpho	Series D	6938	Jul 29, 2026	HashKey Capital
Elliptic	Series D	2261	Jul 11, 2026	Circle
Range	Series A	3109	Jun 18, 2026	TX Ventures and 3 more
Morpho	Series D	8134	Jun 09, 2026	a16zcrypto and 6 more
TVL Capital	Series A	6542	Jun 09, 2026	Framework Ventures and 1 more

See a more detailed list of funding rounds

Outlier Ventures is the top investor in Web 3.0 companies in Europe based on number of companies invested.

Here are some top investors in Web 3.0 companies in Europe:

Investor	Location	Top Portfolio Companies
Outlier Ventures	London (United Kingdom)	IOTA, Lisk, Opentrade and Aragon
Blockchain Coinvestors	San Francisco (United States)	Sorare, NEAR, Aztec and BVNK
Kosmos Ventures	Perth (Australia)	NEAR, IoTeX, Tezos and TON
Maven 11	Amsterdam (Netherlands)	Celestia, 1inch, Aave and RedStone
GAINS Associates	Tallinn (Estonia)	Avalanche, Immunefi, MANTRA Chain and Shardeum

See a more detailed list of investors

In the year 2026, till May 2026, 9 acquisitions happened in Web 3.0 sector in Europe. Last year, in 2025, a total of 24 acquisitions happened in Web 3.0 sector in Europe.

Here are some recent, important acquisitions in Web 3.0 sector in Europe:

Company	Acquisition Type	Acquisition Date	Acquirers
Cometh	Business Acquisition	May 20, 2026	Kaiko
Ctrl Wallet	Business Acquisition	Apr 30, 2026	EMURGO
Sleap	Business Acquisition	Apr 08, 2026	Staynex
Gamee	Business Acquisition	Mar 19, 2026	alphatoncapital.com
BVNK	Business Acquisition	Mar 17, 2026	Mastercard

See a more detailed list of acquisitions

Acquisition trends in Web 3.0 sector in Europe

Here are the acquisition trends in Web 3.0 sector in Europe:

Total Number of Acquisitions

Year	No. of companies
2026	9
2025	24
2024	20
2023	16
2022	16
2021	19
2020	8
2019	8
2018	3
2017	-

In the year 2025, till September 2025, 1 IPO happened in Web 3.0 sector in Europe.

Here are some recent, important IPOs in Web 3.0 sector in Europe:

Company	IPO Date	Exchange Symbol
Astrid	Sep 01, 2025	Aquis Stock Exchange (AQSE)
Eniblock	Sep 20, 2022	Euronext Exchange (Euronext)
INX	Jan 24, 2022	Neo Exchange (NEO)
Argo Blockchain	Sep 23, 2021	National Association of Securities Dealers Automated Quotations (NASDAQ)
Mode	Oct 05, 2020	London Stock Exchange (LSE)

See a more detailed list of IPOs

Companies founded by alumni from top colleges in the Web 3.0 in Europe

Most number of Web 3.0 startups in Europe have been founded by alumni from University of Cambridge, University of Oxford and University College London.

College	No. of companies
University of Cambridge	30
University of Oxford	25
University College London	22
HEC Paris	18
Imperial College London	18
Bocconi University	17
Harvard University	14
London School of Economics and Political Science	12
University of Warwick	12
London Business School (LBS)	9

Total funding in Web 3.0 companies founded by alumni from top colleges in Europe

In the last 10 years, Imperial College London graduates' Web 3.0 companies in Europe have raised the most funding among top colleges. University of Cambridge alumni are second, and University of Oxford alumni are third.

College	Total Funding
Imperial College London	$1.48B
University of Cambridge	$1.2B
University of Oxford	$465M
Cornell University	$412M
Bocconi University	$402M
Harvard University	$251M
Queen's University	$243M
Stanford University	$231M
Columbia University	$226M
University of Toronto	$212M