“European startups are increasingly focused on global markets from their early stages. The EU is open to international investment and cooperation: interacting with Silicon Valley is important for the Digital Single Market to have a global impact.”
Vice-President Andrus Ansip
Europe is seriously looking at Silicon Valley for boosting its ability to innovate, with Germany and France leading the rank. This is what emerged from the Report “European Innovation Outposts in Silicon Valley” launched today in San Francisco by Mind the Bridge, the Silicon Valley/European innovation advisory firm. The occasion is the official launch of the third edition of Startup Europe Comes to Silicon Valley (SEC2SV) that will bring together in September the most relevant founders, corporates, investors, and policy-makers from the EU entrepreneurial ecosystem and Silicon Valley.
The Report tried to map the different approaches the European corporates have followed in shaping their presence in Silicon Valley.
The “Who’s Who” Directory contains detailed information about each outpost and is included in the Directory of Corporate Innovation Outposts attached to the Report.
44 companies tracked: Germany and France most represented, UK follows - 46% opted for a lean presence, Automotive; Telecom and Fintech the most represented industries.
This analysis is the first of its kind, an in-depth review of all the European corporates that have set an innovation outpost in Silicon Valley.
Mind The Bridge press release