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