The cumulative value of Europe's active unicorns now sits at €447.4bn, marking a 3% increase from last year and indicating a promising recovery.
Unicorn deal value has seen a significant rebound, jumping from €1bn in Q1 to €2.4bn in Q2 2024, reflecting renewed investor confidence.
The first half of 2024 has already recorded 28 unicorn deals, surpassing last year's total of 39, highlighting an upward trend in the market.
AI has become a dominant force in large funding rounds, exemplified by significant investments in leading startups like DeepL and Stability AI.
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