A wave of funding and rapid growth has pushed at least a dozen European startups into unicorn status this year. Companies ranging from AI coding platform Lovable in Sweden to British renewable‑energy firm Fuse Energy, streaming service Mubi, and French homomorphic‑encryption startup Zama have secured multi‑hundred‑million‑dollar rounds that lifted valuations above $1 billion. The surge spans sectors such as artificial intelligence, biotech, defense tech, space, drones, and preventative health, underscoring a broad investor appetite for high‑tech innovation across the continent.
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