Atomico published The State of European Tech: Europe is positioned as a global tech player in 2021, with a record $100B invested, 98 new unicorns, and the strongest ever startup pipeline, now on par with the US. European tech is creating value fast, adding $1 trillion in 8 months. The European tech talent pool is deeper and more experienced than ever, as talent is recycled across the continent. Yet there is still a way to go; talent acquisition tops the list of challenges for founders, alongside fundraising. Founders from underrepresented backgrounds are finding it hard to access capital.
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