Revolut and Mistral Boost European Tech with Balderton

Balderton Capital recently launched a campaign titled "Built in Europe," supported by founders of major European tech companies such as Revolut, Mistral, and Wayve. This initiative aims to energize the startup ecosystem across the continent. The launch took place on Monday and spans several major European cities, including London, Paris, Stockholm, Berlin, and Munich.

The "Built in Europe" campaign involves over 100 founders and CEOs from the European tech scene. It includes billboards, digital advertising, and a job platform that centralizes listings from more than 1,000 European startups. This initiative comes at a time when Europe is seeking to counter narratives suggesting it is lagging behind the United States and China in technology.

Supporters of the campaign assert that Europe now possesses the talent, capital, and experience necessary to compete on the global stage, particularly in key sectors such as artificial intelligence and fintech. Among the highlighted startups are AI companies like ElevenLabs, Lovable, and Synthesia, as well as deeptech firms like Quantum Systems, The Exploration Company, and Proxima Fusion.

Alex Kendall, co-founder and CEO of Wayve, emphasized the importance of deep technology for the future, stating that startups are where this technology is developed. He described it as one of the most adventurous and exciting ventures one can undertake in Europe. Anton Osika, co-founder of Lovable, also expressed optimism about European potential, claiming that there has never been a better time to innovate from Europe, thanks to the presence of talent, capital, and a dynamic ecosystem.

The campaign coincides with major tech events such as London Tech Week and VivaTech in Paris, thereby enhancing its visibility. A central element of the initiative is the platform BuiltInEurope.com, developed by Balderton to become the largest startup talent hub in Europe. This platform utilizes API integrations and direct data feeds to list roles across various sectors, including AI, fintech, climate, and healthtech.

Suranga Chandratillake, general partner at Balderton, explained that the goal of the campaign is to change the narrative around European technology. He highlighted that "Built in Europe" aims to shift the conversation from mere promise to concrete proof of European potential. Balderton, which has already supported companies like Revolut, Wayve, Darktrace, and Depop, hopes to reposition Europe as a global tech leader.