Fancy a European #techforgood tour?

Hear from top experts about the opportunities and challenges Europe needs to take on to become a global leader in impact tech

1/ Early-stage investment in tech for good startups jumped from $418m in 2013 to $16.1bn in 2019 — an increase of more than 3,750%, according to joint research from @PwC and @dealroomco.

Chart: @DSI4EU #Europe #socialinnovation #TechForGood

2/ “Tech is going to be a major driver of impact improvement,” says @sirronniecohen, chairman of @GSGimpinv.

“I think that you will have unicorns in this area — companies that aren’t just worth a million dollars, but are going to improve the lives of a million people.”

3/ The @bmwfoundation identified four major elements powering tech for good in Europe:

#TechForGood #Europe #startups #EU #socialinnovation #entrepreneurs #university #tech

4/ “Climate has a much higher priority, and there’s a palpable sense that we are on the cusp of a new technology revolution,” says @AnnMettler, senior director at @Breakthrough.

#climatetech #energytransition #netzero #greentech

5/ More European entrepreneurs are keen on creating a business with impact, as they want to play their part in building tomorrow’s world.The top 3 most popular impact tech sectors are:
Digital democracy
Skills & learning
Health & care

#digitaldemocracy #edtech #healthtech

6/ Europe remains behind the US and China when it comes to investing and creating impact-tech innovations. Here are some of the challenges the ecosystem is facing

Chart: @dealroomco #US #China #impactinvestment #impacttech

7/ “The challenge is that we don’t yet have the full suite of technologies to get to net zero economies by 2050,” says @CHerweijer, global innovation and sustainability leader at consultancy @PwC.

“The 2020s will be a key era of investment in climate tech.”

8/ Another challenge highlighted by @AnnMettler is the commercialisation of tech for good innovations:

“Europe continues to be very strong on research and science, but less so on development, deployment and scaling up of technologies.”

Chart: @clarivate #Europe #innovation

9/ As for Thomas Oehl from Vsquared Ventures, it’s down to European investors to do more:

“Why is China spotting early-stage companies before Europeans do? Why are US funds finding opportunities? We have to do the work to make it an end-to-end European game.”

10/ Although European governments remain the biggest impact investors, it looks like more investors are waking up to the profitability of impact tech startups, like @mustardseedmaze which is only investing in impact-driven startups.

#impactinvestment #impact

11/ Want to find out about the hottest European impact startups? Take a peek at our joint report with @bmwfoundation: https://bit.ly/3nAvfAZ 

#Europe #impact #socialinnovation #diversity #climatetech #Tech4Good #Tech4aBetterPlanet #techforgood

12/ If you want to discuss the future challenges and opportunities of Europe’s #techforgood movement, join us on Friday for our next webinar:

20 Nov 2020
12pm GMT | 1pm CET | 2pm EET
Sign up
https://us02web.zoom.us/webinar/register/2516050913096/WN_F01XwXpdSQmY-yuMna9_BQ