Europe’s tech scene is maturing rapidly and is flourishing like never before. This is evident by the steady increase in the number of tech startups and funds being pumped into these companies. Europe is a great diversity of over 40 countries with varying cultures and regulations.
This scenario has both advantages and disadvantages for startups in the ecosystem. Though these barriers might make it tough for startups to expand to other countries within Europe, this diversity has contributed to great innovation and potential.