List of European Unicorns
European startups with a valuation of $1 billion and above.
A unicorn is a privately held startup company valued over $1bn.
The term “unicorn” as a description for companies with high valuations of over €1bn, was created in 2013 with the intention to describe the rarity of such ventures. In August 2018, there were 266 unicorns globally with a total valuation of $861 billion.
While on the top of the list, companies from North America and Asia were dominating, we have gathered all the European unicorn startups in this list. Meet the Eurocorns:
- Farfetch (UK)— $6 billion valuation
Launched in 2008, Farfetch is an innovative e-commerce company that brings the world’s best independent fashion boutiques to an international audience.
2. Klarna (Sweden) — $2.25 billion valuation
Founded in 2005, Klarna is an e-commerce solutions’ provider for merchants and shoppers with the aim of making it easier for people to shop online.
3. Deliveroo (UK)— $2 billion valuation
The technology company Deliveroo, founded in 2012, is focused on marketing, selling, and delivering restaurant meals to the household or office.
4. HelloFresh (Germany) — $2 billion valuation
HelloFresh, the food subscription company that sends pre-portioned ingredients to users’ doorstep each week, was founded in 2011. It enables anyone to cook quick and healthy meals designed by nutritionists and chefs.
5. Oxford Nanopore Technologies (UK) — $2 billion valuation
The UK company, founded in 2005, develops technologies for molecular detection and analysis. Its technologies are used in DNA sequencing, diagnostics, drug development, biomolecular interaction, ion channel screening, and defence applications.
6. BenevolentAI (UK) — $1.85 billion valuation
A leading British artificial intelligence company located in the knowledge quarter of London with a focus on bringing together artificial intelligence and scientific research to enable the creation of better medicines for some of humanity’s most debilitating diseases.
7. Avito.ru (Russia) — $1,82 billion valuation
Avito.ru, founded in 2007, offers a web-based platform for free online classified advertisements in Russia.
8. Revolut (UK) — $1.7 billion valuation
Founded recently in 2015, Revolut is a digital banking alternative that includes a pre-paid debit card, currency exchange, and peer-to-peer payments.
9. BlaBlaCar (France) — $1.6 billion valuation
BlaBlaCar is a long distance carpooling platform that connects drivers with empty seats and passengers to share travel costs.
10. Letgo (Spain) — $1.5 billion valuation
Letgo is a second-hand shopping app that helps users buy and sell locally.
11. Global fashion group (Luxembourg) — $1.1 billion valuation
Global Fashion Group develops an online platform for fashion markets. It offers fashion online, and it offers brands the chance to enter the fashion e-commerce sector in highly promising economies.
12. Mind maze (Switzerland) — $1 billion valuation
MindMaze develops medical grade virtual reality products to stimulate neural recovery.
13. TransferWise (UK) — $1 billion valuation
TransferWise is a money transfer service allowing private individuals and businesses to send money abroad without hidden charges.
14. OrCam (Israel) — $1 billion valuation
OrCam harnesses the power of artificial vision in an intuitive portable device that compensates for lost visual abilities.
15. Improbable (UK) — $1 billion valuation
Improbable is a software company that has developed a platform for third parties to build vast virtual and simulated worlds.
16. Taxify (Estonia) — $1 billion valuation
Taxify is the biggest European ridesharing platform, connecting over 10 million passengers and 500 thousand drivers in over 25 countries.
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