Photonics in €370 Billion European Spinout Ecosystem, Report Reveals
A study by Dealroom.co highlights that European university spinouts have formed a €370 billion tech ecosystem, with photonics and quantum science as key drivers. The report tracks 17,000 spinouts since 1990, employing over 160,000 people and creating significant enterprise value. It notes the rapid growth in spinouts since 2015, attributed to sustained public investment and the increasing role of photonics across various industries.

The 'European Spinouts Report 2025' reveals that Europe's university spinouts have developed into a €370 billion tech ecosystem, significantly influenced by photonics and quantum science. The report tracked 17,000 spinouts, including 7,300 deep-tech companies, since 1990, indicating that these firms now employ over 160,000 people.
Nearly 40% of enterprise value in deep tech and life sciences spinouts was created by companies founded since 2015, reflecting a rapid commercialization of research. Photonics, as a foundational technology, underpins various industries, including semiconductors and robotics, highlighting its role in Europe's innovation landscape.




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