SIGNALCapital Markets·Jun 17, 2026, 4:00 AMSignal75Medium term

Sequoia’s Luciana Lixandru: Can Europe build a trillion-dollar tech company?

Sequoia’s Luciana Lixandru: Can Europe build a trillion-dollar tech company?

The global co-lead of the US venture capital firm’s early-stage investment business talks about why it is time for ‘act two’ for Europe’s tech sector

Why this matters
Why now

The article highlights current efforts and discussions around elevating Europe's tech sector, suggesting a critical juncture for investment and growth.

Why it’s important

A strengthened European tech ecosystem would diversify global innovation hubs, reduce reliance on US/Asian tech dominance, and create new capital market opportunities.

What changes

Increased venture capital activity and strategic focus on European startups could lead to the emergence of larger, more influential tech companies outside traditional Silicon Valley strongholds.

Winners
  • · European tech startups
  • · European venture capitalists
  • · European economies
  • · Global capital markets
Losers
  • · US tech dominance (relative)
  • · Traditional European industries (relative)
Second-order effects
Direct

Increased funding and talent flow into European technology companies.

Second

Greater competition with US and Asian tech giants in key sectors.

Third

Potential for new regulatory frameworks adapted to a more robust European tech landscape.

Editorial confidence: 90 / 100 · Structural impact: 60 / 100
Original report

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Read at Financial Times — Technology
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