EU Tech Startups Steal the Seed Show at Y Combinator 2021
Y Combinator's Spring-Summer 2021 accelerator turned out to be the largest gathering of EU tech startups. Due to the pandemic, the Y Combinator accelerator program went online last year. So, when the apprehension was a low footfall, it turned out bigger than before. A total of 73 EU tech startups comprised 17% of the total cohort setting the highest record in the history of a 15-year-long Y Combinator accelerator program.
The Head of Admissions at Y Combinator, Stephanie Simon, remarks, "There's clearly a lot of talent in Europe and we're excited to support more European founders. Applications from the European founders have been steadily increasing every batch, with significant growth since YC has gone remote (we've been remote since Summer 2020)." In fact, in 2021, EU tech startups raise...