3 min. read
5 Soon-to-Be Unicorns in 2024
The number of new unicorns in Europe dropped significantly last year, reaching its lowest level since 2018. Only 10 startups achieved a €1 billion-plus valuation in 2023, down from 46 the year before, according to PitchBook data. This decline was due to a lack of mega-rounds and ongoing valuation corrections across all stages.
Investors predict a recovery in venture dealmaking in 2024, which could increase the number of Europe’s unicorns.
Here is a list of companies across Europe’s main Tech Hubs that might cross the €1 billion threshold this year:
eGym
Founded: 2010
Valuation: Over €250 million
Industry: Fitness Technology
eGym is a German fitness technology company specialising in developing smart strength training equipment and digital solutions for gyms and fitness studios. Its products are designed to provide personalised workout experiences through advanced software and connected devices.
Tiqets
Founded: 2013
Valuation: Over €250 million
Industry: Travel and Tourism
Tiqets is a Dutch company that specialises in ticketing for museums, attractions, and cultural experiences worldwide. The platform provides an easy and accessible way for travellers to discover and book tickets for a variety of activities, often offering instant delivery and mobile access. Tiqets aims to make culture more accessible by simplifying the booking process and enhancing the overall visitor experience.
Catawiki
Founded: 2008
Valuation: Over €300 million
Industry: Online Auctions
Catawiki is a Dutch online auction platform that specialises in rare and unique objects, including collectibles, art, antiques, and luxury items. The platform connects buyers and sellers worldwide, offering curated auctions led by expert auctioneers. Catawiki aims to provide a secure and engaging marketplace for enthusiasts and collectors to discover and acquire extraordinary items.
Typeform
Founded: 2012
Valuation: Over €600 million
Industry: Software as a Service (SaaS)
Typeform is a Spanish software company that specialises in online form building and surveys. Known for its user-friendly and interactive interface, Typeform allows businesses to create customised forms, surveys, quizzes, and more to collect data and engage with users effectively.
Wallapop
Founded: 2013
Valuation: Over €690 million
Industry: E-commerce
Wallapop is a Spanish online marketplace that connects buyers and sellers of second-hand goods. The platform allows users to buy and sell a wide range of items locally, from electronics and fashion to home goods and vehicles. Wallapop’s user-friendly app and focus on sustainability through reuse have made it a popular choice for consumers looking to declutter or find bargains.
