Europe’s ‘soonicorns’: Who will be next to reach a $1B valuation?

Europe's 'soonicorns': Who will be next to reach a $1B valuation?

A record number of unicorns have been minted in Europe during 2021, following a bumper year for VC investments in the region.

In total, 70 companies in Europe and Israel have become unicorns so far this year, according to PitchBook data, easily beating 2020’s total of 19. 2021’s cohort includes insurtech startup Marshmallow, biotech company Owkin and peer-to-peer lender Zopa.

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