EUVC

LP | E415 | Atomico's Tom Wehmeier on the State of European Tech, regulations, and more

Feb 18, 2025
Tom Wehmeier, Head of Intelligence at Atomico, dives into the evolving landscape of European tech. He discusses the current confidence crisis and how regulation influences growth. Key insights from the latest State of European Tech report shed light on capital gaps and market fragmentation. Tom emphasizes the importance of a unified approach in navigating public market challenges while recognizing AI's potential in Europe. He also advocates for stronger collaboration between the public and private sectors to drive deep tech innovation.
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INSIGHT

Europe's Narrative Gap

  • Europe struggled to tell its tech success story ten years ago, letting outside opinions shape its reality.
  • Atomico's State of European Tech report aimed to bridge this knowledge gap and inspire positive change.
INSIGHT

European Tech's Exponential Growth

  • European tech ecosystem value grew from hundreds of billions to trillions in a decade.
  • Investments 10x-ed, talent pool expanded significantly, and numerous billion-dollar companies emerged.
ANECDOTE

Focusing on European Growth

  • Fred Destin highlighted that the US is ahead, but Europe's growth is the key focus.
  • Negativity and skepticism hinder entrepreneurship and innovation, contradicting Europe's progress.
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