These are Europe's most valuable start-ups

An evaluation shows: Europe had 52 Unicorns in May this year, in 2020 there were 32 companies that received a valuation of more than one billion euros.

Europe has 52 Unicorns - that's 20 more companies than last year that are valued at over one billion US dollars. Together, they are worth more than $800 billion. That's according to a study by London-based bank G.P. Bullhound. The data is from May - so it's already out of date, as Scalable Capital, for example, has received a billion-dollar valuation since then. In addition, the first German Decacorn Celonis is still included under Unicorns. In total, there are 18 of these over two-billion-US-dollar-valued companies in Europe.

Nevertheless, the figures show that start-ups are becoming increasingly valuable. The highest-valued young company in Europe is the Netherlands' Adyen, which is currently worth over $50 billion, making it a "tech titan" in the bank's Titan of Techs report. Germany's Delivery Hero and Sweden's Evolution Gaming come closest to this status, according to G. P. Bullhound's analysis. The authors describe Gorillas, Hopin and Cazoo as particularly successful start-ups in the Corona pandemic, all of which became Unicorns within a year. German Unicorns also include Trade Republic, N26, Mambu and Flix Mobility.