Dealroom, Dealflow.eu, EU-Startups, February 2025.

The State of European Innovation and Why It Matters. Unpacking the GDP and productivity gap between Europe and the US, the biggest drivers of growth, and the blockers for making it a reality.

Europe Startup Nations Alliance, 2024.

The ESNA Compendium is ESNA's contribution to the upcoming EU Startup and Scaleup Strategy, underscoring the collective goal of fostering a more integrated, innovation-driven market for European entrepreneurs.

McKinsey & Company, 2024.

Europe’s deep tech sector is currently witnessing a significant surge in both innovation and interest, heralding a wave of potential scientific and technological breakthroughs. These developments are building credibility for a vision of Europe playing a leading role on the global innovation stage. Central to this vision is the ongoing debate about European competitiveness, highlighted by the Draghi report, which emphasizes the need for Europe to enhance its innovation ecosystem and address investment gaps.

Dealroom.co, 2025.

The fourth annual European deep tech report. In a pivotal year for deep tech, how is Europe faring, and how has the breakout of AI influenced deep tech priorities and European deep tech credentials.

McKinsey & Company, 2025.

A defense tech start-up ecosystem is developing in Europe as countries look to boost innovation in defense capabilities.

Europe Startup Nations Alliance, 2024.

This document sheds light on the key areas where Europe must take decisive action to secure its position as a global innovation leader. It results from extensive research and the gathering of inputs from stakeholders, highlighting the challenges and opportunities the European startup ecosystem is currently faced with.

Startup Genome, 2024.

The Global Startup Ecosystem Report 2024 (GSER 2024) is a comprehensive analysis of the current state of startup ecosystems worldwide. With the GSER 2024, we hope to provide valuable perspective on the global startup landscape and actionable recommendations for entrepreneurs, investors, policymakers, and other stakeholders looking to drive innovation and economic growth even in these challenging times.

Invest Europe, 2024.

This study aims to elucidate the relationship between IP and private equity investments, focusing on how Private Equity (PE) and Venture Capital (VC) investments in Europe correlate with trade mark and patent filings of the recipient firms. Investment data is sourced from Invest Europe's comprehensive records on PE and VC across Europe, while IP data is retrieved from the EUIPO EU-TM Register and EPO’s PATSTAT

KPMG, 2024.

VC investment in Europe rose in Q4’24, although the total investment in the region for 2024 fell short of 2023 results, highlighting the significant challenges experienced in the VC space over the last twelve months. The number of VC deals remained very low in Q4’24 as investors placed more capital in a much smaller number of proven, high-quality companies.
The UK attracted the largest share of VC investment in the region during Q4’24 helped by a $1.3 billion raise by AI-enabler data platform company GreenScale. The UK also attracted the most investment during 2024 as a whole, followed by France and then Germany.

Financial Times, 2025.

This year’s list covers 150 hubs in 25 countries. Plus: Trump policies are a wake-up call for European climate tech; Spain’s smaller hubs play to their strengths; Germany’s stagnant economy dents investment in consumer start-ups; and how a Paris-based hub is at the vanguard of AI.

Dealroom, Dealflow.eu, EU-Startups, March 2025.

Europe has invested hundreds of billions to support innovation. But how effective has this been? This report breaks down the EUʼs grants and direct equity support for startups for the first time.
Specifically, this report provides an analysis of the startups backed by Europeʼs Framework Programmes:
- The first chapter provides an overview of the ways the EU funds startups.
- The second section looks at the performance of these startups.
- The final section outlines observations and recommendations to enhance future Framework Programmes.
By combining exclusive EU data with Dealroom data and insights from industry leaders, this report aims to inform policy decisions, inspire private investment and catalyze growth in Europeʼs tech ecosystem.

Atomico, 2024.

The European tech ecosystem has been transformed over the past decade - from talent, to capital, to company building and value creation. Yet we've seen a lot of dispiriting headlines this year. It’s been a year of political and regulatory turmoil, people are concerned about the challenges identified in Mario Draghi’s report and there’s scepticism about Europe’s ability to support breakthrough companies as they grow. It's a paradox that requires some scrutiny and our annual report aims is to bring some perspective because perspective has never been so important. With this special 10th anniversary edition, we are looking not just to 2024, but to the past decade and what lies ahead.

McKinsey & Company, 2024.

Boosting Europe’s competitiveness across the AI value chain.

Invest Europe, 2024.

Drawing on Invest Europe's extensive research into industry trends, Venture Capital: Fuelling European Innovation digs deep into the data, including figures on fundraising, investment, returns to investors and job creation, to provide an unparalleled view of Europe’s venture capital industry. In addition to its in-depth data analysis, the report presents high-profile venture capital success stories to that showcase innovation in action. These include Endotronix, a digital health and medtech pioneer committed to tackling heart failure; Evotix, a purpose-driven software company improving health and safety operations at over 500 companies; and Shockwave, which has the potential to revolutionise heart disease treatment and improve the lives of patients globally.