These 30 VC-backed companies are creating jobs faster than any other in Europe…


In total 1,465 job positions in VC-backed start-ups were listed on the Ventureloop database over the last 7 weeks (Jan 15 to Feb 28). By splitting these jobs by country and VC fund backers I  identified in my previous post (published last Saturday) the list of Top 15 VC funds in Europe for the period Jan-Feb 2013.

I have now also split these jobs by start-up and industry segment to produce the list of Top 30 EU start-ups over the same time period and to get a feel for industry segment dynamism by country. The results are presented below:

Top 30 EU start-ups by job creation

High-level comments:

– the two biggest job creators were King.com and Spotify –  both have a predominant footprint in Sweden

– Criteo is ranked 3rd and is the only start-up with a majority of job creation in France…

– 9 of the top 30 start-ups created jobs in 3 or more of the 5 EU countries analysed here, highlighting that these companies have already undergone significant geographic expansion

– c.57% of the Top 30 companies had a majority of job creation in the UK

Top Tech segments by job creation in Europe in Jan-Feb 2013

High level comment: Digital gaming, Digital advertising and Digital music are the most important Tech segments in Europe.

Industry segment dynamism in the Top 5 EU countries in Jan-Feb 2013

High level comments (Note: the above chart was based on an industry classification of the top 43 start-ups, which represented 53% of total job creation in Jan-Feb 2013):

– the UK is the most diversified start-up eco-system, with no industry segment representing more than 16% of job creation

– by contrast, Sweden had two segments representing more than 27% of job creation (Digital games and Digital music) – highlighting that the Swedish eco-system is still young and may currently be over-reliant on few major but recent success stories

– the German start-up scene enjoys a level of maturity that seems to sit in between the UK and Sweden, with a reasonable coverage of key Tech industry sectors

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One thought on “These 30 VC-backed companies are creating jobs faster than any other in Europe…

  1. UK entrepreneurs: know which VC to pitch to based on the size of your company – Inn0vation Matt3rs

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