Almost 80 European deep tech university spinouts reached $1B valuations or $100M in revenue in 2025

Universities and research labs have long been Europe’s deep tech treasure trove. Now, academic spinouts have consolidated into a solid startup funnel worth $398 billion — and VC money is following. According to Dealroom’s European Spinout Report 2025, 76 of these deep tech and life sciences companies have either reached $1 billion valuations, $100 million in revenue, or both. These include unicorns like Iceye, IQM, Isar Aerospace, Synthesia, and Tekever, which are now inspiring more funds to back university spinouts. Just this month, two new funds emerged that will bring more funding to talent emerging out of European tech universities, while adding breadth to a pipeline currently topped by Cambridge, Oxford, and ETH Zurich. PSV Hafnium, out of Denmark, recently closed…

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