VROOM Summit

VROOM Caravan

In each city that VROOM Caravan visits, we meet scaling tech growth companies that will compete for the chance to be chosen to present at VROOM Summit in Monaco on October 2nd, to an audience of ~200 select investors.

The local jury in each city will be made up of local investors, government, founders and tech executives. This panel will help in the selection of the best companies to be invited to the VROOM Summit in Monaco.

  • London
  • Vienna
  • Paris
  • Edinburgh
  • Berlin
  • Luxembourg

LONDON

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London stands apart from other European cities for its unrivalled access to generous investors, affluent consumers and ambitious corporations. With its thriving tech ecosystem and strong financial support, the city can truly compete with Silicon Valley in drawing world-class entrepreneurs.London has more tech “unicorns” –than any other European city.

There are between 3,000 and 5,000 active tech startups in London, with a combined value of £34 billion, making London the fourth largest startup ecosystem in the world. For tech investors in the metropolis, London isn’t just about startups – the inner city alone is home to an estimated 40,000 tech companies. 

VIENNA

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Austria’s beautiful capital is famous for its history, culture and music and according to recent research Vienna is also currently the prime location for entrepreneurs looking to launch a new business in Europe. Its central location only hours away from any major European city, combined with low development costs, good universities offering a 

strong local talent pool and affordable office space, make Vienna incredibly appealing for early-stage startups. With plenty of co-working spaces and accelerators providing the much needed support for entrepreneurs to thrive, Vienna is well on its way to becoming a major European startup hub.

PARIS

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France is the number one tourist destination in the world with millions of visitors flocking to its capital every year. Now Paris’s ambition is to also establish itself as one of the leading startup hubs in the world. The government has played a major role in transforming France into a “startup nation” with a number of different measures including favourable tax rate changes and

creation of a special tech visa, making it easier for the tech sector to import talent. In addition initiatives like the superhub Station F, Viva Tech and École 42 are all contributing factors to making Paris one of the most attractive cities in Europe for tech companies, entrepreneurs and investors alike to establish presence.

EDINBURGH

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With a highly skilled workforce, easy access to foreign markets and vibrant start-up scene, it’s fair to say that Scotland’s tech industry is on the rise. The sector has increased by 43.4% in the last five years up to 2016 and Edinburgh is now the largest technology hub outside London; it’s estimated that the sector employs around 80,000 people and contributes around £4 billion to the economy. “The eco-system is growing all the time and more people are prepared to have a go at putting their ideas into a business,” 

says Polly Purvis CEO of ScotlandIS, the trade body for the digital technologies industry in Scotland. “Entrepreneurialism is seen as cool, and that’s a good thing.”  Many look to success stories like Edinburgh’s Skyscanner and Fanduel, two of Scotland’s highest profile businesses that have achieved ‘unicorn’ status, for evidence of what can be achieved in a country with just over five million residents.

BERLIN

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Germany has long been acknowledged as a start-up hub all over the world. With its new  business models, good funding and infrastructure, many international start-up entrepreneurs find that general conditions for start-ups are indeed excellent in Germany.

This is evident in the fact that almost 10% of start-up founders and 22% of their employees come from abroad. In addition to start-ups for financial and insurance services,

latest trends include new companies focusing on real estate (PropTech), green technologies (GreenTech), automotive and nutrition. 

The thriving numerous accelerators and incubators in Germany are often part of the programs financed by major corporations aiming to help start-ups in their early stages. This is a clear indication of how classic industry is increasingly looking to join forces with start-ups in the digital economy.

LUXEMBOURG

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Luxembourg is one of the smallest countries in the world and perhaps what it is best known for is also being one of the richest. Not surprisingly, in recent years the startup ecosystem has grown richer as well becoming an attractive investment hub for many startups and innovative companies looking to expand their business in Europe. 

The government has played its part too fostering a startup friendly environment, with a recent law enabling entrepreneurs to start a business in just one day. The Ministry of Economy and Foreign Trade also provide financial aid with the ultimate goal of ensuring that these young businesses in the country not only survive but flourish.

Ambassadors

Caravan Alumni

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