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5 things you may have missed in Atomico’s 2021 Europe report



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Amid a hectic year, the continent’s VC momentum appears set to continue in 2022

Alex Wilhelm

8 hours

Europe, long viewed as a relative backwater to the U.S. startup market, has been on a tear in recent quarters and years. Akin to many startup markets around the world, Europe has seen its venture capital totals rise, its unicorn ranks swell, and even a few major public exits.
How hot is the market for European startups this year? This morning, TechCrunch reported that Flink raised $750 million. The “Berlin-based startup that sells food and other essentials at supermarket prices and aims to deliver them in under 10 minutes,” as we described it, is now worth $2.85 billion. And unless you are very familiar with the instant grocery market, we doubt that you were too aware of Flink.
The European startup market is now sufficiently robust and varied that it’s easy to lose track of its unicorns.

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The Exchange has been tracking Europe’s startup acceleration for years now. So, consider our gene …

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