Europe’s unicorns have risen to €447.4B in total value, report finds

The cumulative value of Europe’s active unicorns now sits at €447.4bn — 3% higher than in 2023, according to a new report from Pitchbook. The report also found that unicorn deal value continued to show signs of recovery during the second quarter of 2024. Specifically, it jumped from €1bn in Q1 to €2.4bn in Q2. The continuous valuation growth of 2024 implies a 12.3% increase for the full year from 2023. Deal count is following the same upward trend. The first half of the year has already seen 28 unicorn deals compared to 39 for the whole of 2023. The medial…

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