This has been a remarkable month for European tech |
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Coming out of Web Summit Lisbon and Slush Helsinki, what stands out isn’t just the energy — it’s the evidence that Europe is entering a new phase of scale: more ambitious founders, stronger Deep Tech and AI gravity, and a widening set of ecosystems producing globally-relevant companies. Atomico’s State of European Tech 2025 captures this moment well, mapping both the maturity Europe has reached and the constraints it still need to solve — especially at growth stage — if Europe wants its next generation of champions to start, scale, and stay there.
Against this backdrop, we’re eager to showcase the developments in two of our client ecosystems in Europe: North Rhine-Westphalia, Germany and Lisboa, Portugal. These are very different models of growth: one built on Germany’s industrial and engineering backbone, the other on a fast-globalizing coastal hub, but both have crossed clear inflection points. Together, they’re a sharp signal of how Europe’s rise is becoming broader, deeper, and more competitive in 2025.
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Paris offers unparalleled resources, mentorship, and networking opportunities for entrepreneurs, with close proximity to government and stakeholders cultivating a new generation of internationally-ambitious founders that accelerate innovation. |
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Strategically located on the Mediterranean, Valencia offers strong connectivity and a business-friendly environment. With 21% of startups in AI, nanotechnology, and cybersecurity, the ecosystem is solidifying its status as a global tech hub. |
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Ireland's Renewable Heat Obligation will create opportunities for startups to develop new tech integrating renewable gases into existing systems, leading to advancements in efficient biomethane production, storage, and distribution technologies. |
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The Turkish government's ambitious project, Terminal Istanbul, repurposes the historic Atatürk Airport terminal buildings into a global hub for tech and entrepreneurship, aiming to host more than 2,000 startups and multiple annual events. |
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San Francisco | London | Berlin | Delhi | Bengaluru | Abu Dhabi | Tokyo | São Paulo |
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