Europe is experiencing a "big exodus" of technology companies, with a total loss of $1.4 trillion.

A study found that over the past decade, European technology companies with a total value of 1.2 trillion euros have been listed on overseas stock exchanges or eventually fallen into the hands of foreign buyers. The study, conducted by the Swedish private equity group EQTAB in partnership with consulting firm McKinsey, recorded around 700 billion euros in acquisitions by non-European companies and initial public offerings of technology companies between 2014 and 2025. As of January, the value of these companies is estimated to have soared to around 1.2 trillion euros. This study reveals the severity of the issue, which is becoming a hot topic for European policymakers and capital market experts. As local leading companies like Arm and Spotify turn to the United States for stronger funding support, the issue is becoming increasingly prominent. EQT partner and early technology manager Victor Englesson stated that this brain drain is bringing economic consequences to Europe, as companies are shifting their growth focus elsewhere, leading to job losses. There are also some unquantifiable impacts, such as the loss of local technology and future tech entrepreneurship talent.