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These are 50 of Europe’s fastest-growing tech companies (fine, they’re baby EUnicorns)

Image Credit: Jinpat / Shutterstock

(Tech.eu) – For the second year running, Tech Tour has presented its ‘Growth 50’ list at yesterday’s Growth Forum (the organization’s flagship event) in Switzerland.

The list represents 50 of Europe’s fastest-growing tech businesses, which regular Tech.eu readers will no doubt be able to identify as baby EUnicorns, albeit with a light chuckle.

Tech Tour, together with Silverpeak Investment Bank and in conjunction with a selection committee of international investors from firms like Accel Partners, DN Capital, Earlybird and Highland Europe, has researched and evaluated over 175 European private tech companies valued under $1 billion.

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The organization claims the Tech Tour Growth 50 companies have created over 8, 000 high-tech jobs, attracted over $3.5 billion of investment, and have an estimated combined valuation of $14.2 billion.

Compared to 2015, the composition of the list has changed significantly in terms of vertical, with ‘B2C eCommerce’ dropping in importance (from 50% to 30%) and FinTech –unsurprisingly – coming up strongly.

Here are some more interesting facts and figures, straight from the report:

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