The perception in Europe's tech industry is that startups need to forge closer ties with traditional industry

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Europe is united behind the idea that the region's tech startups need stronger ties with traditional industries

The European tech ecosystem needs stronger ties with traditional industries

I think that traditional industries are fuelling the European tech ecosystem in three ways. First, they can be direct investors in startups. Second, these big companies are pools of talents for startups. They have recruited and trained highly skilled engineers and invested a lot in R&D, which contributes to the deep tech disruptions. Finally, the existence of strong historic players in key sectors such as automotive stimulates a new generation of leading innovative players to provide tomorrow’s solutions.

Fleur Pellerin

  • Korelya Capital