A group of Europe's top tech entrepreneurs endorsed an open letter calling for a tech renaissance and the creation of a pan-European entity, EU Inc, to foster startups. The letter highlights fragmented regulations across the EU and calls for a unified legal framework to support cross-border operations, simplify investments, and drive growth. European startups face challenges in securing venture capital compared to the U.S. and China, which limits their potential. Prominent entrepreneurs backing the proposal include Stripe CEO Patrick Collison, Wise co-founder Taavet Hinrikus, and Pigment CEO Eléonore Crespo.