(Reuters) – Company flotations via so-called blank cheque firms, or SPACs, took U.S. markets by storm last year but Europe has been slow to embrace the way to list and traditional initial public offerings (IPOs) still dominate.

Refinitiv data shows that European SPACs raised $6.6 Billion this year. According to Refinitiv data, this is a significant increase from the $500 million raised in 2020. However, it still represents only 5% of all the SPAC transactions in the United States for 2021.

Here are some of the larger European SPAC deals this year:

PEGASUS EUROPE

Raised 500 million euros ($586 million)

Launched by France’s richest man Bernard Arnault and former UniCredit Chief Executive Jean Pierre Mustier

Listed in Amsterdam on April 29

Aims to buy a financial services company

EFIC1

Raised 415 million euros

Launched by former Commerzbank (DE:) chief executive Martin Blessing

Debuted in Amsterdam on March 26

Aims to acquire a financial services company

HEDOSOPHIA EUROPEAN GROWTH

Raised 400 million euros

Launched by British technology investor Ian Osborne

Listed in Amsterdam on May 14

Aims to buying a technology company in Europe

468 SPAC

Raised 300 million euros

Launched by German venture fund founder Alexander Kudlich

Listed in Frankfurt on April 30

To merge with children’s entertainment firm Boxine for about 1 billion euros

ACCOR ACQUISITION COMPANY

Raised 300 million euros

Launched by Europe’s biggest hotel group Accor (PA:)

Listed in Paris on June 1

Targets acquisitions in the leisure, lifestyle and food sectors

LAKESTAR

Launched by German tech investor Klaus Hommels

Raised 275 million euros in its IPO

Listed in Frankfurt on Feb. 22

Merged with German travel tech startup HomeToGo which started trading on the Frankfurt stock market on Sept. 22.

I2PO

Launched by French billionaire Francois Pinault and banker Matthieu Pigasse

Raised 275 million euros

Listed in Paris on July 20

Aims to acquire a company operating in the entertainment or leisure sectors

ESG CORE INVESTMENTS

Raised 250 million euros

Launched by Dutch family-owned investment firm Infestos

Listed in Amsterdam on Feb. 12

Aims to acquire a European company focused on sustainable development

TRANSITION

Raised 215 million euros

Launched by French businessman Xavier Caitucoli and former investment banker Erik Maris

Listed in Paris on June 22

Aims to acquire one or more firms recognised in the energy transition sector and headquartered in Europe

DEE TECH

Raised 165 million euros

Launched by French businessmen Marc Menase, Michael Benabou and Charles-Hubert de Chaudenay

Listed in Paris on June 25

Aims to acquire a technology company

($1 = 0.8536 euros)