What does an 101 year old pharmacy business and an 80 year old furniture store have to do with current EU innovation?
Europe has many large and successful companies, the one you mentioned are even somewhat small compared to the large German/French/Italian industrial corporations.
>Almost all lists of new start ups look stupid, in the US as well as Europe.
But this isn't a list of random start-ups. It is the list of the best start ups Europe has to offer, their unicorns.
Where the US has OpenAI, SpaceX, Uber and so many more, the EU has a startup which "offers health and fitness institutions access to software and machines".
Going back through the last decades, there have been multiple US start ups which effected billions of people. I can't even name a single European startup with any relevancy whatsoever. I can name half a dozen US AI startups, all with decent products, I can name one from Europe.