Europe makes unicorns at almost twice the rate of the US, report finds

Europe finally has all the pieces in place to challenge the US as the world’s leading tech hub, according to an analysis from venture capital firm Creandum and Dealroom, released today.  Europe’s total number of unicorns has grown 88% compared to the US’ 56% since 2014. Moreover, its share of global VC funding has quadrupled in the last 20 years — the continent now takes more than a third of global investments at early-stage. According to the report, Europe has the highest density of tech unicorn cities globally — with 514 companies valued at $1bn or more spread across 65…

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