Re:Daniel Ek commits to investing €1B in European ”moonshots”
by raverbashing on Sunday September 27, 2020 @03:42AM
(#24604962)
That's an interesting discussion to have
From the 1st link there is https://ec.europa.eu/easme/en/news/deep-tech-europe-report-k... which claims that companies that received EIC funding have attracted 5Bi in private funding (the program is new so this is apparently a couple of years, maybe more)
From the 1st link there is https://ec.europa.eu/easme/en/news/deep-tech-europe-report-k... which claims that companies that received EIC funding have attracted 5Bi in private funding (the program is new so this is apparently a couple of years, maybe more)
By comparison: Total money raised by all YC companies: >$7 billion https://blog.ycombinator.com/yc-stats/
I think companies would apply for EIC later than on YC hence it might be apples to oranges but it's an interesting metric nonetheless