Top 10 European Tech Hubs Competing with Silicon Valley

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A recent study reveals that London City, dubbed Europe’s Silicon Valley, now surpasses Silicon Valley in tech startups. The Cambridge Cluster leads Europe in startup growth and ecosystem value. The UK outpaces other European countries in tech business numbers, startups, and overall ecosystem worth, reinforcing its tech dominance.
A recent study by ZeroBounce ranked major global and European tech hubs. The study looked at several important factors, including innovation, the strength of the business ecosystem, and employment in the tech sector. These factors included things like patent filings and the level of innovation.
The study also considered the number of tech businesses and start-ups, as well as the number of unicorns—private companies worth $1 billion or more. Additionally, the study took into account the value of the ecosystem and employment in the tech industry. The hubs were ranked based on their final scores, with higher scores showing better performance.
Brian Minick, Chief Operating Officer at ZeroBounce, commented on the study:
“The UK continues to lead in European tech innovation. Companies with strong research capabilities paired with entrepreneurial drive deliver real results. The UK’s number of startups is growing continuously, so it’s no surprise to see such an impressive ecosystem value. The UK’s position as a leader in the European tech landscape inspires us all to drive further progress and help shape the future of technology.”