How many European startups are actually relocating to the US?

Anders Forslund, CEO and founder of Swedish startup Heart Aerospace, which relocated to Los Angeles last year. Credit: Heart Aerospace/Impact Loop design
10 apr. 2026
12:35
Anders Forslund, CEO and founder of Swedish startup Heart Aerospace, which relocated to Los Angeles last year. Credit: Heart Aerospace/Impact Loop design
For years, investors and founders have bemoaned the loss of European startups to the US market.

But how big a problem is it really? New research puts data behind the sentiment.

When Heart Aerospace closed its Swedish operations last year and moved its entire headquarters to Los Angeles, it sent shock waves through the European tech ecosystem. It also followed a predictable pattern of European startups moving to the US to scale.

But while Heart's move was a loss for Europe, new research suggests that such relocations are highly unusual.

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