Europe is home to 14 tech unicorns. This is where they live

There aren't very many tech unicorns living in Europe these days — at least compared to the United States and China. In fact, just 14 tech unicorns call Europe home, and all of those are in northern Europe. Who knows, maybe life along the Mediterranean is just better spent lounging in the sun than an office chair.

At any rate, we wanted to get an idea of where Europe's tech unicorns live, what they do and who was investing in them. Without further ado, here they are: 

14. Improbable — $1B

Headquarters: London, United Kingdom
Investors: Andreessen Horowitz, SoftBank Group, Temasek Holdings
What they do: Improbable is a British technology company that focuses on large-scale simulations in the cloud, enabling virtual worlds of unprecedented scale and complexity.

13. benevolent.ai — $1B

Headquarters: London, United Kingdom
Investors: Woodford Investment Management
What they do: Benevolent.ai uses artificial intelligence to make sense out of huge sets of data. The company currently has two main focuses: BenevolentBio, which uses AI to address human health and bioscience problems and BenevolentTech, which continues to build out the company's technological capabilities. 

12. MindMaze — $1B

Headquarters: Lausanne, Switzerland
Investors: Hinduja Group
What they do: Mindmaze uses a virtual reality platform to map and respond to brain activity, which it then uses for applications in healthcare and gaming. 

11. Funding Circle — $1B

Headquarters: London, United Kingdom
Investors: Accel Partners, Index Ventures, Ribbit Capital
What they do: Funding Circle is a peer-to-peer lending market that lets normal people invest in small companies. The service works in the U.K., Spain, Germany, the Netherlands and the U.S.

10. Shazam — $1B

Headquarters: London, United Kingdom
Investors: IDG Ventures, Kleiner Perkins Caufield & Byers, Buran Venture Capital
What they do: Shazam lets users identify a song, movie or advertisement by pressing a button on their phone. 

9. Avaloq Group — $1B

Headquarters: Freienbach, Switzerland
Investors: Warbug Pincus
What they do: Avaloq builds software that is used in hundreds of banks. The company has been around forever, having been founded in 1985.

8. OVH — $1.1B

Headquarters: ‎Roubaix, France
Investors: Kohlberg Kravis Roberts & Co.,TowerBrook Capital Partners
What they do: OVH is a cloud computing company that offers things like VPS, dedicated servers and domain names. 

7. TransferWise — $1.1B

Headquarters: London, United Kingdom
Investors: IA Ventures, Index Ventures, SV Angel
What they do: Transferwise is a fintech company that allows users (be it banks or individuals) to send money across borders for low fees.

6. Global Fashion Group — $1.1B

Headquarters: Luxembourg, Luxembourg
Investors: Access Industries, Rocket Internet, Tengelmann Ventures
What they do: Global Fashion Group is an e-commerce fashion platform aimed at emerging markets. They currently operate in 24 countries, mostly in Eastern Europe, Southeast Asia, South America, and the Middle East.

5. BlaBlaCar — $1.6B

Headquarters: Paris, France
Investors: Accel Partners, Index Ventures, Insight Venture Partners
What they do: BlaBlaCar is a the world's largest long distance carpooling service. The company connects over 35 million travelers in 22 countries, mostly in Europe, Brazil, Mexico and India. 

4. Hellofresh – $2.09B

Headquarters: Berlin, Germany
Investors: Rocket Internet, Phenomen Ventures, Insight Venture Partners
What they do: HelloFresh is a meal delivery service that operates in parts of the United States and North America. In 2015, the company joined forces with celebrity chef Jamie Oliver, who creates recipes for the company. 

3. Klarna — $2.25B

Headquarters: Stockholm, Sweden
Investors: Institutional Venture Partners, Sequoia Capital, General Atlantic
What they do: Klarna provides payment services for online stores. When you buy something online, they handle all the details. The company handles around 40 percent of Sweden's total online sales, amounting to just over $10 billion a year. 

2. Adyen — $2.3B

Headquarters: Amsterdam, Netherlands
Investors: Felicis Ventures, Index Ventures, Temasek Holdings
What they do: Like Klarna, Adyen handles the backend, heavy lifting of paying for online services. When you make a payment on Uber, Facebook, Airbnb, Spotify or Netflix, you're using Adyen. 

1. Spotify — $8.53B

Headquarters: Stockholm, Sweden
Investors: Horizons Ventures, Norwest Venture Partners, Technology Crossover Ventures
What they do: Spotify is the music, video and podcast streaming service that revolutionized the music industry.