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There is a lot of innovation happening outside of Silicon Valley.

We drew startups from TechCrunch and Gigaom articles, as well as Business Insider's own sources and found some massive startups being built abroad. Five or ten already have billion-dollar valuations. Others will soon follow.

Here's who's behind the biggest startups in Europe, how much venture capital they've raised, and why these startups have such high valuations.

To read the full, original article click on this link: Most valuable startups in Europe