1、Europes moonshot moment:Fueling its tech ecosystem for scale June 2025About this reportThis report is a collaborative publication by McKinsey and Boardwave and is based on qualitative and quantitative research conducted from September 25,2024 to April 25,2025.Table of contentsAbout the authors.1Soun

2、ding board.2Executive summary.3Introduction:Turning Europes tech momentum into global scale.5Reigniting Europes innovation engine .11Identifying areas for improvement.15Mobilizing the vision and resources .20Key strategies for founders and CEOs.23Key strategies for institutions,investors,and other i

3、ndustry players.29Conclusion.37Endnotes.38Table of contentsImogen SinclairConsultant McKinsey&CompanyJulien GagnonPartner McKinsey&CompanyNick Padgett Partner McKinsey&CompanyPhill RobinsonFounder,CEO BoardwaveAbout the authorsThe authors wish to thank Christian Behrends,Guglielmo Panizza,Ido Leonov

4、,Joanna Wright,and Tunde Olanrewaju for their contributions to this report.The authors also wish to thank the more than 30 European tech founders,CEOs,investors,and ecosystem leaders who shared their insights,as well as members of the sounding board,acknowledged on the next page.Aamanh SehdevPartner

5、 McKinsey&CompanyRuben SchaubroeckSenior Partner McKinsey&Company1Lo Apotheker Lo Apotheker,the former CEO of HP and SAP,led HPs strategic split and helped SAP become a global leader in enterprise software.Over two decades at SAP,he transformed it into a multi-solution,global company.Since retiring

6、from executive roles,he has focused on value creation in private tech firms,leading successful exits with KMD,Unit4,Signavio,and Appway.He currently serves as chairman of BSI Software,Eudonet,Harvest,and Syncron and as a member of the board of Nice.Sounding boardChano Fernandez Chano Fernandez is cu