Startups | Unicorn companies worth $1 billion analyzed their situation in Europe | THE WORLD

“Unicorn” companies or startups This week they assessed their business opportunities in Europe during a meeting with investment funds, in the so-called “Scaleup series”, organized by the “South Summit” platform and the IE University, both dedicated to the financial and business environment.

During the event, these unicorn companies, so-called because they were created less than ten years ago and are not listed on the stock market or have been acquired by a third party and are worth at least US$1 billion, also analyzed the state of the sector in Europe.

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Southern Summit President Maria Benjumea considers collaboration between different categories of companies “fundamental” to create opportunities for startups in the sector.

Meanwhile, IE University’s economic vice-president, Juan José Guémez, said that such activities allow “to consolidate entrepreneurial ecosystem European and to imitate the experience” of other companies.

After the editions in Munich (Germany) and London, “Scaleup Series” will soon take place in Paris (France) on March 5th, in Milan (Italy) on April 11th and in Lisbon (Portugal) on April 18th.

(According to the EFE agency).

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