14 of Europe’s most valuable tech unicorns
John Kennedy | Silicon Republic Startups
In 2018, 14 Europe-based start-ups reached a $1bn-plus valuation, making them tech unicorns.
According to CB Insights, these 14 unicorns make up about 11pc of the total number of unicorns around the world.
Last year these 14 companies achieved an aggregate valuation of around $24bn.
And so, according to CB Insights’ live Unicorn Tracker, reflecting valuations at the time of writing, these are the 14 European start-ups that shot up to become unicorns last year.
About You (Germany) $1bn
Basel-based Roivant Sciences is a biopharma company focused on late-stage drugs for several diseases including cancer and diabetes. It is the most valuable unicorn in Europe with an estimated value of $7bn, according to CB Insights. Founded in 2014 by Vivek Ramaswamy, Roivant Sciences’ investors include Founders Fund, SoftBank Vision Fund, QVT Financial and Novaquest Capital Management.
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