Playtomic, RavenPack, Typeform, and Wallapop have been selected as the next European unicorns by Viva Technology and the financial advisory firm GP Bullhound.
Viva Technology and GP Bullhound have developed a list of the 100 European businesses that have the most likelihood of becoming unicorns, i.e. businesses that were founded less than ten years ago and that are valued at one billion dollars without having been listed on the stock market or acquired by third parties.
Factorial has already become a unicorn, while others like Lingokids, Paack, CodiGames, and Red Points have fallen off the list.
The winners will be announced at the tenth VivaTech conference in Paris, which will take place between June 14 and 17 as part of the GP Bullhound's annual 'Titans of Tech' book.
Playtonic, a Spanish company founded in 2017 by Pedro Clavera, is a platform that allows users to choose between many clubs and make the reservation through its application. RavenPack, based in Marbella, deals with the analysis of various information sources about listed companies that may impact the stock market.
typeform, based in Barcelona, was established in 2012 by Robert Muoz and David Okuniev, who work on online forms and surveys for companies such as Apple, Airbnb, or Nike. Finally, we find the platform for buying and selling second-hand goods via the internet, wallapop.
Miguel Kindelán, the CEO of GP Bullhound in Spain, wanted to highlight the country's economic and geopolitical strengths in 2022. "Despite the economic and geopolitical difficulties encountered in 2022, this year's list shows that the European technological ecosystem will continue to grow."
According to GP Bullhound sources, Spanish technology companies continued to expand and display resistance and dynamism despite the difficulties faced by the current environment.
Three countries have stood out among the others, the United Kingdom with 20 companies, France with 19 and Germany with a total of 15 companies. It is a proof that Europe's tech sector is strong. Since 2019, when the list of the "Top 100 Next Unicorns" was published, 36% of the nominated companies have become unicorns. Examples are Ecovadis, Mano Mano, and Back Market.