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19 February 2024, Europe

Tech Tour's Impact is Solid and Growing: Updated data released

 

Tech Tour, Europe's largest investor community, has released its newest Impact Data report. The report analyses 3,361 unique companies that participated in Tech Tour programmes from 2016 to 2023. It explores developments and trends within the Tech Tour community, providing valuable insights into Tech Tour's position in the investment ecosystem.  

 

Entrepreneurs who presented at Tech Tour events have historically raised over €26.5 billion in investments up to the end of 2023. This underscores the pivotal role that Tech Tour occupies in fostering investment in tech start-ups and scale-ups. 

  

 

Key takeaways 

  

The data-rich report (see Infogram here) uncovers several noteworthy trends about the companies and investment community that Tech Tour is serving:  

  

  • High investment relevance: 81% of the companies that were selected in the Tech Tour programmes raised funding, with an average capital inflow of €9.7 million per company.  It demonstrates the high relevance to investors with more than 4 companies out of 5 companies on average being funded. 

  • Timely company selection: 77% of the total funding raised over the life of the company was committed to after the 1st presentation at a Tech Tour event, meaning that the bulk of funding of selected companies is raised after the Tech Tour presentation. 

  • Broad investor engagement: 4,493 active unique investors funded the 3,361 Tech Tour company alumni, indicating the width and variety of investors backing the funding raised. 

  • Gender balanced tech entrepreneurship has a long way to go: Women make up just 13.3% of all executives.

  • Balanced sector investments: Investments spanned diverse sectors, with 32% of total funding going to digital, 26% to health, and 25% to sustainability. 2022 saw a rapid increase towards sustainability, growing to 34% of total investment. 

  • Early-stage investment (seed & series A) is most common round: While the breakdown of the amounts suggests a later stage focus, over 4 out of 5 rounds were seed or Series A rounds, highlighting the early-stage capacity of Tech Tour's investors reach. 

  • Increased investments in Switzerland: According to the Tech Tour Impact data, Switzerland has witnessed a notable increase in investments. In 2023, Swiss companies participating in Tech Tour events raised an impressive EUR 867 M, surpassing the amount raised in 2022, which stood at EUR 455 M.  

     

    The reason for this growth is the acquisition of Metaco for USD 250 M and LimFlow for USD 250M, and the two rounds of USD 150 M and USD 48 M for DistalMotion SA and ecoRobotix. 

     

Tech Tour's Impact Data report provides a comprehensive snapshot of the dynamic Tech Tour community, encompassing investors, entrepreneurs, and industry stakeholders. As Tech Tour persists in facilitating networking opportunities, promoting collaboration, and spotlighting the most promising European tech companies, its influence on innovation and investment is bound to escalate.   

 

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