All PostsWhat role do the Big Tech firms play in supporting the European startup ecosystem? Find out in our new report.
The Big Tech firms – Amazon, Apple, Google, Meta, Microsoft, and Nvidia – are ramping up investment in European tech startups in 2024, driven by groundbreaking new opportunities in AI.
Microsoft and Nvidia’s participation in mega funding rounds for European AI trailblazers, Wayve and Mistral, saw the value of European VC rounds with Big Tech involvement increase to $3.1b in H1 2024, up more than 5x compared with 2023.
Yet, away from the headline deals, many European founders feel a lack of support from the Big Tech firms who, amid the added context of the EU’s Digital Markets Act, are embroiled in battles with regulators who accuse them of stifling competition in the tech sector.
How far are the Big Tech firms drivers of innovation in Europe? What do founders want to see more from Big Tech?
In Innovation Drivers: Tracking Big Tech’s Support For European Startups, we provide a comprehensive overview of Big Tech’s support for the European startup ecosystem, covering investment activity, media coverage, and founder sentiment to celebrate the successes and identify the gaps, concluding with our five key recommendations for Big Tech.
From our report, you’ll:
- Discover the role Big Tech plays in supporting the European startup ecosystem through our Big Tech Startup Quadrant.
- Get access to the latest investment data and find out which Big Tech firm ranks best for startup support in our Founder Survey.
- Read interviews with Europe’s leading tech founders – including Daniel Ek (Spotify), Matthew Moulding (THG), Niklas Zennström (Atomico), and Angie Ma (Faculty) – who reveal their strategies and advice for working with Big Tech.
- Hear from representatives from each of the Big Tech firms to learn more about their startup programmes.
Complete the form above to download our report.
