Europe has outshadowed the US by producing more tech IPOs each year from 2016, claims the new report by Atomico. On an average, Europe has recorded nearly 3.6 tech IPOs each month since 2016 and produced three to five $1B+ tech IPOs each year during this period.
In 2020, the scenario for European IPOs has been impacted due to the current pandemic crisis. While many companies hinted that they wish to float, most of them had to change their decision as there is a global economic slowdown. However, the report notes that 2020 has been average with three $1B+ IPOs as of October this year. Here, UKTN has listed the European tech IPOs of 2020 so far as revealed by Atomico.
Allegro (Poland)
Founder/s: Arjan Bakker, Rajeev Karpe
Founded year: 1999
Funding: NA...