🍰 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.
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.
🥓 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.
