In late 2018, I interviewed one of Europe’s top venture capitalists, Pär-Jörgen (PJ) Pärson of Northzone, and published an article detailing his 2018 takeaways and 2019 predictions for European tech. This year, I’ve expanded the year-end European tech survey to feature the insider perspective of not only Pärson, but several of Europe’s most notable investors, including Harry Briggs, Managing Partner at OMERS Ventures based in London, and Simon Schmincke, Partner at Creandum based in Berlin. These investors operate at the forefront of venture capital in Europe, and represent a trust of decision makers shaping the state of European tech. Additionally, their respective firms had landmark years in 2019, with Northzone launching a new US$500 million fund, OMERS launching a €300 million fund, and Creandum closing a US$300 million fund, all of which focus on European startups.
Each investor presented his European tech takeaways from 2019—what happened and why—and what’s next in 2020—where to focus.
What Unifies The European Tech Ecosystem?
Before diving into the takeaways and predictions, it’s important to briefly define the term “European tech.” The question of whether European tech can be analyzed as a single entity is complex. In reality, the region is less a single entity and more a collection of hubs, each with its own culture and regulatory environment. That said, these hubs…