European universities are leading the world in producing fast-growing open source startup founders. new report.
A study by Runa Capital found that France’s Epitech IT school has the highest number of alumni running fast-growing open source startups.
Epitech is one of five founders listed in Runa’s Open Source Index, which monitors open source startups with the highest annual growth rate of ‘stars’ on Github, a bookmarking system for developers on popular open source platforms. produced.
Runa says Github stars aren’t a perfect metric for measuring growth, but they do reflect a startup’s “prominence” in the open source community.
The next leading university is Canada’s University of Waterloo, with four founders on the list. Harvard and Berkeley in the US and Delft and Imperial College London in Europe all included his three founders in the fastest growing index.
Other findings
Of the 81 founders on the list, only 4% were women.
Meanwhile, four European startups made it into the top 10 overall, three from the US and the rest from Israel, India and China.
In the overall top 50, the United States dominated the list, accounting for nearly 40% of the spots (19 out of 50), with 15 of the startups coming from Europe.
Nearly half of the top 50 companies on the list will raise capital in 2022, with US, UK, German and French startups accounting for 79% of funding on the ROSS index list, according to a Runa Capital report .
Meet the top 10 fastest growing open source startups in Europe.
1. Refine
main office: turkey
Founded: 2022
Put in the overall list: 3rd place
Annual Growth Rate of Github Stars: 395%
Refine provides an open-source library that saves developers time building web apps, allowing customization rather than choosing from pre-configured code components. It raised a $1 million seed round last year.
2. Safing
main office: Austria
Founded: 2017
Put in the overall list: 4th
Annual Growth Rate of Github Stars: 345%
A free, open-source app firewall, Safing’s software reveals all the connections apps make to each other without your knowledge, giving you control over which ads and domains to block. Since its founding in 2017, it has raised $6 million to date.
3.N host
main office: Sweden
Founded: 2019
Put in the overall list: 5th place
Annual Growth Rate of Github Stars: 300%
Nhost Configure App Database and backend using GraphQL. IT raised a total of $3.1 million in seed funding There will be two rounds, one in 2020 and two in 2021.
4. Pen pot
main office: Spain
Founded: 2019
Put in the overall list: 9th place
Annual Growth Rate of Github Stars: 202%
Providing a web-based open source design and prototyping platform for cross-domain teams, Penpot’s software only needs to run modern browsers, so no specific operating system or installation is required. Last September, it raised $8 million in an early VC round led by Decibel.
5. Medusa
main office: Denmark
Founded: 2021
Put in the overall list: 12th
Annual Growth Rate of Github Stars: 183%
Medusa is a development platform for ecommerce merchants looking for Shopify alternatives, offering site customization options according to their company’s needs, and connecting to payment providers’ APIs and content management systems. Last year, it raised nearly $8 million in seed funding led by LocalGlobe and Dawn Capital.
6. NuxtLabs
main office: France
Established: 2017
Put in the overall list: 15th day
Annual Growth Rate of Github Stars: 175%
NuxtLabs, which provides website design software for developers that automates repetitive tasks and makes sites load faster, raised a $2 seed round from Kima Ventures last year.
7. Koki
main office: Germany
Founded: 2020
Put in the overall list: The 22nd
Annual Growth Rate of Github Stars: 152%
Coqui is an AI-powered voice generator that creates emotional, realistic voices for use in video games, dubbing, and other applications. The user can select from a list of voices or generate his own, which he can edit down to one character. The company has not confirmed whether it has raised any funding yet.
8. Apify
main office: Czech Republic
Founded: 2015
Put in the overall list: 28th day
Annual Growth Rate of Github Stars: 133%
Apify provides a platform for developers to build web scraping software and automation tools to mimic digital tasks. It offers a variety of scrapers, from Twitter to Google Maps to global weather forecasts, and has raised a total of $1.3 million in seed funding in four rounds, plus his $12,000 grant from Y Combinator. .
9. Netbird
main office: Germany
Founded: 2022
Put in the overall list: 29th
Annual Growth Rate of Github Stars: 128%
A zero configuration VPN provider, NetBird connects up to 20 machines and devices to your private network. He raised £200,000 from Antler last April.
10. Open Replay
main office: France
Founded: 2018
Put in the overall list: 32nd place
Annual Growth Rate of Github Stars: 124%
OpenReplay provides insight into website user behavior by ‘replaying’ actions that companies can self-host to keep information within their own infrastructure. Last year, he raised $4.7 million led by Runa Capital.
Sadia Nowshin is an editorial assistant at Sifted.she tweets from @sadianowshin_
