Europe may not have as many tech giants as the US, but that’s not where its strength lies.
Where the old continent does really well is density, says the new Global Tech Ecosystem Index_._
Europe is home to more of the world’s highest-performing tech ecosystems relative to population size than any other region, according to research by Dealroom.co, a global intelligence platform for startups and tech ecosystems.
After Cambridge, Belgium's Ghent ranks second in Europe among cities of under half a million people.
That's due to its considerable enterprise value per capita, led by Argenx - a biotech company valued at €41bn - as well as a "deep tech and life sciences spinout pipeline that continues to grow the ecosystem's overall value", Dealroom.co says, matched with a high rate of founders, most coming from Ghent University.
