Something is happening in Europe. The tectonic plates in the startup ecosystem are moving and, like penguins on ice-flows, we all are slithering around trying to get a handle on how things will play out over the next couple of years.
We’re having exits (such as Tweetdeck to Twitter for $40million), large funding rounds (such as Wooga raising $24 million) and higher valuations (like Moshi Monsters).
Events have ramped up considerably. GeeknRolla in London was a blast this year, as was DLD, Founders Forum and the 1,000-strong Dublin Web Summit. And we still have The Europas and Le Web to go.
At the same time the incubator and accelerator scene is booming. A new study named Seedcamp as the top European accelerator with StartupBoootcamp looking like a pretty strong second.
And this week the brand new Oxygen Accelerator in the UK said it would literally give away £75,000 ($84,000 Euro / $120,000) with no equity tie as a prize to the ‘most improved startup on its programme’ (applications close June 30th, apply here).
This goes to show just how white hot the incubator and accelerator market in Europe is right now.
But despite studies I really feel that, amidst the birth pangs of a genuine pan-European tech startup scene, it is far too early to be ranking incubators and accelerators. There remains a huge amount of chaos in the market, and what appears to be a scramble for positions across territories and cities.