Europe’s Tech Ecosystem is at a turning point. A rare alignment of geopolitical, regulatory, and technological shifts is creating new momentum and opportunity for Europe’s software sector, offering a critical window to build and scale global leaders.

In collaboration with McKinsey & Company, Boardwave has produced a new report offering an insider’s perspective on what’s working, and where focused change could unlock the region’s full potential and enable it to overcome some of the structural barriers, fragmented markets, and scarcity of late-stage capital that have historically prevented it from fulfilling its full potential. Grounded in firsthand insights from European tech founders, CEOs, investors, and ecosystem leaders, as well as Boardwave’s annual member survey, the report also examines the continent’s most successful software companies: those achieving over €100 million in ARR within 10 years or surpassing €500 million in 20 years.