Euronext is pleased to release the 2025 edition of the Euronext Tech Pulse Report, offering a comprehensive analysis of performance, access to capital, investor profiles and ESG progress among the 107 Euronext Tech Leaders listed across its markets. Designed as a key resource for investors, policymakers and corporate stakeholders, this year’s report provides a detailed look at how Europe’s most prominent Tech companies are scaling, financing their growth, making an impact and driving sustainable innovation.
A growing and dynamic community of European Tech leaders
The Euronext Tech Leaders initiative shines a spotlight on high-growth and leading Tech companies across Europe. Together, these companies represent approximately €1 trillion in aggregate market capitalisation, evenly split between large caps and mid caps, and supported by 50 partners across the continent.
They sit within Euronext’s broader Tech ecosystem of around 700 listed Tech companies, with over €1.4 trillion in combined market capitalisation, positioning Euronext as the leading exchange for European Tech companies.
Strong performance momentum
The Euronext Tech Leaders Index increased by 24% since last year, continuing a trend of exceptional performance. Since 2016, the index has significantly outperformed both the Euronext Europe 500 and other leading European Tech indices, reaffirming the segment’s strong growth trajectory and resilience.
Tech listings continue to drive European capital markets
European Tech companies continue to choose Euronext to raise capital. As of November 2025, 38% of all new Euronext listings were Tech companies, reflecting the sustained strength of Europe’s innovation economy.
Since 2021, more than 200 Tech companies have listed on Euronext, raising over €15 billion, with Tech Leaders accounting for over 45% of follow-on offerings.
A uniquely international investor base
Euronext Tech Leaders continue to attract highly international capital. Over 75% of investment flows come from outside the companies’ home countries, with 35% from the United States, 27% from continental Europe, and 19% from the UK. This global reach demonstrates the segment’s strong visibility and appeal among international investors.
Leading Europe’s sustainable transformation
Euronext Tech Leaders also continue to lead on sustainability. Since 2021, they have reduced their carbon and energy intensity and increased their renewable energy share by five percentage points, surpassing the renewable energy usage levels of all Euronext large caps by seven points.
Euronext Tech Leaders companies are also making meaningful progress on diversity and governance, with board gender diversity reaching 44.9%. Meanwhile, the representation of women in management bodies continues to improve, narrowing the gap with other large issuers.
Building a strong, connected and sustainable European Tech sector
The 2025 Tech Pulse Report reinforces the significant role that Euronext Tech Leaders play in European capital markets. With sustained performance, deep international investor engagement and strong ESG leadership, these companies are shaping the future of European Tech.
Learn more about the Euronext Tech Leaders initiative.
Data as of November 2025