Euronext launches the 2023 edition of TechShare and IPOready
Pan-European market infrastructure Euronext today announced the launch of the 2023 edition of its pre-IPO programmes TechShare and IPOready. These educational programmes support European companies considering a listing on Euronext in the coming years.
This year over 140 companies from 16 European countries will take part in TechShare and IPOready, making this the largest and most diverse cohort of companies ever. Countries represented are Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, France, Germany, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Spain and United Kingdom.
The vast majority of companies participating in TechShare and IPOready operate in the Tech sector: general tech (71%), healthtech (15%), cleantech (9%), traditional business (5%).
Participants have a mature corporate profile, generating annual revenues of approximately €29 million on average and employing more than 20,000 people. Participants raised €26 million on average since their inception. The majority of participant companies are currently backed by private equity or venture capital funds.
More than 680 alumni have participated in the eight editions of Euronext’s TechShare pre-IPO educational programme. Of the 21 alumni in total that have since listed their company, three listed on Euronext markets in 2022:
- Civitanavi Systems (€34 million raised – February 2022).
- Yolo Group (€10 million raised – August 2022).
- E-Novia (€15 million raised – December 2022).
Pre-IPO programmes are part of Euronext’s commitment to support the European Tech Sector. In 2022, Euronext launched Euronext Tech Leaders, dedicated to highlighting the visibility and attractiveness of high-growth and leading Tech companies.
Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext N.V., said:
“We welcome these 140+ new ambitious European participants to the largest and most diverse edition of TechShare and IPOready ever. Companies have a unique opportunity to familiarise themselves with the IPO process well in advance of a potential listing on Euronext. Beyond the benefit of preparing for a potential IPO from a practical perspective, taking part in Euronext’s pre-IPO programmes provides membership of a strong network of entrepreneurs that Euronext will continue to support in their growth journey over the years.”