Omar Mohout, Growth Engineer at Sirris and Professor Entrepreneurship at Antwerp Management School, conducted research to European VC investments. He used a data-driven approach to track financing activity for VC-backed European tech companies and he uses DataScouts to visualize his remarkable findings.
Omar’s overview of scale-up VC investments has been established along the methodology he developed. Based on his methodology, Omar is able to systematically include or exclude companies from the scaleup ecosystem. The challenges regarding the inclusion and exclusion of companies to the ecosystem, are solved with the methodology. For example, only companies that have their operational HQ in Europe are considered and only deals of at least $1M / € 750M. Additionally, when it comes to the funding both private and public companies are considered and funding is registered based on announcement date. Debt financing, media equity, private placements, grants and convertible loans are included.
The geographic boundaries of the scaleup ecosystem are also tackled in the methodology, resulting in a select number of countries: Albania, Austria, Belgium, Czech Republic, Croatia, Denmark, Estonia, Finland, France, Germany, Hungary, Iceland, Ireland, Italy, Latvia, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Serbia, Spain, Sweden, Switzerland and UK. As a benchmark to these European countries, the data of Turkey and Israel are also included to compare against.
Sirris has a proven track record that by understanding the dynamics of an ecosystem, they can accelerate the industry’s growth & drive collaboration across stakeholders. Sirris helps companies develop, test and effectively implement technological innovations.
Sirris shares the research results and remarkable insights on the VC-backed European technology companies as a source of inspiration to the startup communities, investors, journalists, analysts, policy makers and other stakeholders.
The interactive visualization of the European scale-up ecosystem complements the impressive series of publications, books, presentations, master classes of Omar Mohout and provides the capability to reference his audience to the most actual information in a clean and interactive format.