Europe: We're Staying - A Firm Stand
Addressing Misconceptions About TechCrunch’s European Coverage
Recent reports circulating suggest that TechCrunch is withdrawing from European coverage and ceasing to report on European startups. These claims are demonstrably inaccurate and mischaracterize our mission, operations, and core values.
The adjustments currently underway at TechCrunch do not signify a retreat from the European market. Instead, they represent a strategic realignment and strengthening of our resources.
A New Chapter Fueled by Partnership
This evolution is driven by our collaboration with Foundry, a sister company now operating under the same ownership. This union has established a tech media organization possessing exceptional global reach.
Foundry is a leading force in international technology journalism. Its impressive portfolio comprises well-regarded brands such as PCWorld, Macworld, CIO, and TechAdvisor.
Foundry’s Extensive Global Network
- Foundry boasts a substantial network of journalists.
- It possesses in-depth knowledge of local and regional tech landscapes throughout Europe and globally.
The assertion that our new ownership devalues international reporting is unequivocally false. The primary objective of integrating TechCrunch and Foundry is to build a more robust and internationally oriented media platform.
TechCrunch remains committed to providing comprehensive coverage of the global technology landscape, including a strong focus on the European startup ecosystem. This partnership allows us to deliver even greater value to our audience.
The Importance of European Tech Coverage
Europe serves as a pivotal location for the evolution of fintech regulations, the emergence of quantum computing ventures originating from institutions like the Max Planck labs, and the implementation of climate-tech initiatives that often set global standards. During 2024, European entrepreneurs secured over €40 billion in funding.
Notably, a significant number of the unicorn companies we’ve previously highlighted were established within this continent. A genuine interest in the trajectory of technology necessitates a focus on this region, and we are committed to providing that focus.
With the combined resources of TechCrunch and Foundry, we present the following commitment to founders, investors, and readers both within Europe and internationally:
- Extensive On-Site Coverage. Our team will maintain a strong physical presence – attending events from demo days in Tallinn to the launch of hydrogen hubs in the Basque Country – as firsthand observation is crucial for accurate reporting.
- Rigorous Investigation. We are dedicated to challenging inflated claims and uncovering the underlying truth through persistent questioning and in-depth analysis.
- Worldwide Visibility. Innovations originating in cities like Zagreb will receive the same level of attention as those from Silicon Valley.
The integration of the TechCrunch and Foundry networks will broaden the reach of European innovation to a global audience of millions across more than 190 countries, offering enhanced insights and a cohesive worldwide perspective.
We encourage members of the startup ecosystem to continue sharing their news, funding details, and challenges with us. Please submit information to tips@techcrunch.com or utilize our secure communication channels. We are actively listening and will be more responsive than ever before.
TechCrunch is not diminishing its commitment to Europe; rather, we are significantly increasing our investment in covering this vital tech landscape.
— Michael Reinstein, Chairman and Publisher
