European tech is heating up: In 2014, 13 startups became “unicorns,” with valuations of $US1 billion or more. It’s a huge jump from just a year before, which saw the birth of only three of the mythical creatures.
Fuelling this growth is an ambitious collection of European venture capital funds, investing capital into the ecosystem in the hopes of getting in on the ground floor of the next Spotify or Skype — as well as looking at other sectors, including health-tech, energy, and more traditional business.
