Startup Heatmap Europe Report 2021 — The Power of the Ecosystem
One week ago, the European Startup Initiative published the Startup Heatmap Europe Report 2021. The annual analysis on the development of startup ecosystems and founder mobility in Europe (please find the download link below).
At Frankfurt Valley, we believe in bridges between ecosystems, and we want to support founders and startups top leverege bridges and get full potential to scale, so we are amazed by the great resonance among startup communities and hubs across the continent and this study is a must read.
Despite strong international competition and the effects of Brexit and COVID-19, European ecosystems showed a strong growth. Key highlights are the following:
Europe now has 6 “unicorn ecosystems” with investments of over 1bn € per year.
Berlin replaces London as the most popular city among founders.
Discriminization against female founders amounted to 3bn € in 2020 alone.
Spoiler — our ecosystem ranks number 34th!
Also an interesting figure, Frankfurt Percentage change of meetup participation from 2020, went down 20%, contrary to the average of europe, where there is a Paradox, since Meetups Increased During Pandemic by 13% up.
Also Merck – Darmstadt integrates the Top Accelerators in Europe ranking
Download the full report for free here: https://startupsandplaces.com/shm2021-the-power-of-the-ecosystem/
In the previous edition Frankfurt ranked 39th, so there is a slight improvement overall.
Some specific data here: https://www.startupheatmap.eu/Frankfurt/