The Netherlands has cemented itself as a reliable developer of unicorns, ranking fifth in Europe when accounting for primary and secondary hubs of $1b+ companies.
We also sit fifth when it comes to potential unicorns. Based on current valuations and the last funding round coming in at least 2018, a further 36 companies have been touted to potentially achieve this status and join the 20 that already exist.
Public tech companies across the US and Europe have generally flourished over the last year, though the Netherlands’ growth does stand out from the rest after rising to fourth globally in terms of aggregate market cap, largely thanks to strong underlying performances of companies like Adyen and ASML.
This success means we continue to hold the largest share of European public tech market cap, and the value added by companies headquartered in the Netherlands in the last 12 months accounts for 47% of total European gains.
It also positions Euronext Amsterdam as Europe’s top exchange by a considerable margin. Increasing its total market cap from $435b in 2020 to $765b this year, the jump represents 38% of the overall European exchange market cap—for context, Germany’s XETRA Trading Platform is in second spot with a cap of $363.2b.