This week on the EU-Startups Podcast, we sit down with Yoram Wijngaarde, the Founder & CEO of Dealroom, a platform that has grow to be some of the trusted sources of information on startups, enterprise capital, and the broader innovation ecosystem. With a background in funding banking, Yoram noticed first-hand the challenges of accessing dependable startup knowledge and recognised the necessity for a extra clear, structured strategy to monitoring high-growth firms. This led him to launch Dealroom in 2013, an organization that has since grown into an indispensable useful resource for buyers, policymakers, and corporates looking for insights into the startup world.
On this episode, Yoram introduces a first-of-its-kind report, Startups Backed by the EU’s Framework Programmes, compiled by Dealroom, Dealflow.eu, and EU-Startups. The report explores the influence of EU grants and funding programmes, similar to Horizon 2020 and Horizon Europe, on the European startup ecosystem. It supplies a deep dive into how these programmes have supported high-growth firms, detailing the €12 billion in direct EU funding that has helped startups safe €70 billion in enterprise capital and generate €520 billion in whole firm worth.
Yoram walks us by way of the report’s key findings, revealing how EU-backed startups are rising and outperforming their friends in securing funding and scaling efficiently. We additionally focus on the challenges startups face in accessing EU funding, the function of DeepTech sectors like AI, Robotics, and ClimateTech, and way more!
Video model of episode 107
Audio model of episode 107:
Key takeaways:
- Solely 5% of EU innovation funding is allotted to startups, regardless of their essential function in Europe’s future and world innovation.
- During the last three EU Framework Programmes, 13,600 startups have acquired funding, totalling €12 billion from the EU and €70 billion from non-public VC, with a present mixed valuation of €520 billion.
- EU-backed startups, notably in DeepTech sectors like AI, Robotics, and ClimateTech, have larger commencement charges and present promising outcomes, although most stay in early levels and require additional funding to scale.
- The complexity and variety of present EU funding programmes create challenges for startups in accessing the assist accessible.
- EU funding has offered a profitable launchpad for startups at early levels and will be thought of a fruitful searching floor for personal buyers seeking to assist them in additional rounds.
This podcast episode is dropped at you by Scytale – making compliance tremendous simple for startups, serving to them get compliant and keep compliant with frameworks like SOC 2, ISO 27001, GDPR, NIS 2, HIPAA, PCI-DSS, and extra, with out breaking a sweat. Learn more here.
