European Unicorns account for 12% of the all the 421 unicorns worldwide, and as per the latest report released by CB insights Valuation: $11.1B
These billion-dollar companies have an aggregate valuation of just over $100B, led by data center operator Global Switch at $11.1B. Together, these 50 unicorns have raised more than $ 30 billion, working across sectors like FinTechs, e-commerce, healthcare, to name a few.
While Global switch has been valued at $11.1B, its total disclosed funding: stands at $6.3B, and it has attracted investments from International Data Corporation, Aviation Industry Corporation of China, Essence Financial, Jiangsu Sha Steel Group, among others.
Article source: https://www.cbinsights.com/research/european-unicorns-valuation/