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#News in @WIRED by @cape 📰 Europe’s innovation ecosystem can make it the new Palo Alto A cluster of European cities within a five-hour train ride of London could become a unicorn factory to rival Silicon Valley, argues tech investor Saul Klein. https://t.co/zBwSRuE0L0…
#News in @scibus by @MartinGreenacre 📰 European Investment Bank hatches plans to keep start-ups in Europe The @EIB has proposed new measures to support scaling companies to ensure that technologies developed in Europe remain in Europe, with plans to increase equity and venture…
A look at a cluster of European cities within a five-hour train ride of London that collectively have 500+ startups with at least $100M of annual revenue (@cape / Wired) https://t.co/o7sVEFgwtr 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/zHCn7qnJWo
A cluster of European cities within a five-hour train ride of London is being touted as a potential unicorn factory to rival Silicon Valley. Tech investor Saul Klein argues that these cities collectively house over 500 startups, each generating at least $100 million in annual revenue. The European Investment Bank (EIB) has also proposed new measures to support scaling companies, aiming to ensure that technologies developed in Europe remain in Europe. The EIB plans to increase equity and venture funding to bolster the region's innovation ecosystem. This analysis was highlighted in an article by WIRED, with contributions from Martin Greenacre.