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title: AI x VC
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This week: the AI arms race, dual-use and defense, agtech, alt-fats and oils, GenAI mafias, 98 climate tech segments, and the blue economy.

| View in browser JUNE 27, 2024 Hi there. Keep an eye on the new startups from PhD founders (e.g. Safe Superintelligence) 🎓 The AI Europe report 🍰 AI now accounts for it's largest ever share of European venture capital. 18% of all VC raised by European startups is being raised by AI-first companies 📊 European AI startups are on track to raise $11.5B in 2024, approaching all-time high levels of 2021 🇺🇸 Europe still hugely lags the US for AI investment. The US has an even bigger lead in AI VC than it does in the rest of tech 🇪🇺 European AI is extremely concentrated in the UK, France and Germany. These three make up 77% of European AI funding in 2023/34, compared to 59% for the rest of tech 💂 London has 4x more AI engineers than any other European city.   The definitive European AI report, created with Roosh. AI Europe report Defencetech 180 Long a venture taboo in Europe, defence and dual-use is moving into the mainstream.    With a land war in Europe, governments are ramping up defence spending and several initiatives have been launched to support startups and SMEs, such as the European Defence Fund managed by DEFIS and the Nato Innovation Fund.    We mapped some of the most interesting defence and dual-tech startups in Europe, including Helsing on track for an imminent Accel & Lightspeed-led round at $4.5B valuation 👀 Defense landscape Also 👶 95 Longevity startups: cellular reprogramming, predictive and preventative medicine, predictive, bio-age testing.    🥓 Alternative facts fats & oils - key to recreating the tast, aroma and texture of meat and dairy substitutes. A startup landscape, inc. microbial lipids, cell culture fat, fungi.   🤿 The Blue Economy - sectors and trends deep dive: aquaculture, shipping and ports, shipbuilding & refit, blue biotech, offshore wind, fisheries etc.   🌱 Climate tech innovation in 98 segments, mapped across 17k startups.   🐴 The GenAI mafias - Dealroom x Accel report.   🛡️ The VCs actively investing in Defense.   👀 New founder alerts (Dealroom Premium).    🗞️  Forget STEM. The head of Paris’s top tech university says the secret to France’s AI boom is a focus on the humanities - Fortune, with Dealroom data. Subscribe Dealroom.co, Cornelis Dirkszstraat 27-2, 1056 TP, Amsterdam, The Netherlands Manage preferences |
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