The ranking reflects the growing importance of technology, which once again dominates with 189 entrants hailing from the sector.
When this is added to the related but discrete categories of fintech and ecommerce, that total climbs to 259.
Most winners come from Germany, closely followed by Italy, the UK and France, with these four nations accounting for about 70 per cent of the overall ranking. London retains its lead as the city with the greatest number of fast-growing companies, followed by Paris and Milan, while Warsaw and Vilnius make the top 10 for the first time.
We want to share the excitement, pride and energy that this international recognition represents with our customers, partners, colleagues, team, friends and family.