1、Europe and Israelsfounder factories25th Anniversary EditionIntroductionVenture-backed unicornsFounder factories help to fuel thriving tech hubsFounder factories in the spotlightP.18P.14P.10P.08P.06P.04Founder factories emerge from founder factoriesFunding for founder factory startupsContents23EUROPE

2、 AND ISRAELS FOUNDER FACTORIESACCEL DEALROOM25 years on,Europe is home to the vibrant ecosystem we see today.The region is a powerhouse of talent,innovation and ambitious entrepreneurs who have the vision and determination to build global category-defining companies.Following Skype gaining unicorn s

3、tatus in 2005,Europe saw its first decacorn in 2016(Supercell)and cloud decacorn in 2020(UiPath).Today,there are more than 360 unicorns across Europe and Israel.These iconic companies have laid the foundations of todays thriving landscape,proving that successful companies can come from anywhere,and

4、providing all-important role models for the next generation of entrepreneurs.Marking our 25th anniversary in the region,this report reveals that Europe and Israels unicorns are now fuelling the next generation of startups across the region.With former unicorn employees founding more than 2,000 compa

5、nies,it is clear that the talent flywheel is now spinning the most fundamental ingredient of any technology ecosystem.Today in Europe and Israel,there is a network of people who have experienced the startup journey before and have the product,engineering and management experience needed to build res

6、ilient,enduring businesses.Were looking forward to seeing the innovation that comes out of the region in the future.When Accel opened its London office in 2000,Europes technology ecosystem was nascent.While many questioned Europes ability to generate billion dollar outcomes,we believed that ambitiou