Amsterdam has become a bustling place for entrepreneurs to try out their innovative ideas. After taking the 12th spot as one of the fastest growing European cities in the global tech ecosystem, Amsterdam has now bagged the third spot in Europe’s tech ecosystem as well.
Ayden and Takeaway ballooned Amsterdam’s tech ecosystem valuation
As per a new Dealroom report, the combined value of Amsterdam’s tech ecosystem has expanded to €73B, compared to €10B in 2015. This ballooning of valuation is being attributed to the unicorns Adyen and Takeaway.com. With this development, Amsterdam ranks Europe’s #3 tech ecosystem rankings based on the total value of tech companies founded since 2000. With a total valuation of €43.5B, Adyen is Europe’s most valuable tech company founded after 2000.