![The Selection Process](https://storage.googleapis.com/cdn.vivatechnology.com/_vt-prd/medias/small_74f338264ce6498cddf285009f54ff667d76eeab_02819bd6da/small_74f338264ce6498cddf285009f54ff667d76eeab_02819bd6da.jpeg)
The Selection Process
The list is compiled in partnership with the investment bank, GP Bullhound and with contributions from four of the world's leading investment funds: Accel, Eurazeo, NorthZone, and Partech.
The list of scaleups is based on the following criteria:
- Actual and potential growth
- Total funds raised
- Headcount growth
- Geographical distribution
- Their positive impact on society
![The Panel at VivaTech](https://storage.googleapis.com/cdn.vivatechnology.com/_vt-prd/medias/small_Large_VIVATECH_R_BORD_1080_0791786c4b/small_Large_VIVATECH_R_BORD_1080_0791786c4b.jpeg)
The Panel at VivaTech
For the 10th year running, GP Bullhound will launch its annual Titans of Tech report during VivaTech, as part of a panel discussion highlighting growth trends in Europe's tech ecosystem. To find out more about trends in the European tech ecosystem in 2023, download here the study Titans of Tech 2023 - Building Blocks for the Next Wave.
This will be followed by a panel discussion with three CEOs of scaleups from the Top 100 Next Unicorns list.
More details on the Top 100
Global Graphs
![](https://storage.googleapis.com/cdn.vivatechnology.com/_vt-prd/medias/STAT_1_2x_f307b6b6d2/STAT_1_2x_f307b6b6d2.png)
![](https://storage.googleapis.com/cdn.vivatechnology.com/_vt-pp/medias/STAT_2_2x_2_866b4815e8/STAT_2_2x_2_866b4815e8.png)
Sources: Crunchbase
Statistics
- 16countries represented
- €170Maverage amount of funds raised by each of these 100 scaleups
- €16Btotal funds raised by these 100 scaleups
- 1/3of the companies listed in VivaTech’s 2019 to 2023 Top lists have already become Unicorns to date