Balderton Capital and Dealroom: European AI startups attracted 25% of the region's VC funding, or ~$13.7B, in 2024, compared to 15% in 2020
Anna Heim / TechCrunch : X: @dorialexander and @jamespaulwise LinkedIn: Ofer Mintz and James Wise X: Alexander Doria / @dorialexander : @Xenoimpulse Clearly not the best moment but infra is good, economic lag is amplified by bad dollar/euro exchange rate. AI is probably the first time EU does not seem to miss out completely on a tech shift: https://techcrunch.com/... James Wise / @jamespaulwise : I shared some data in @TechCrunch today on why the negative narrative around the EU & UK AI sector isn't supported by the data. Start-Ups started here have raised $100Ms & $1B rounds this year to grow globally. Some of the fastest growing companies in terms of $ per FTE are LinkedIn: Ofer Mintz : 1/4 of all VC funding in Europe in 2024 went to AI startups. Quite a large percentage, showing among other positive things … James Wise : As we come to the end of the year, I shared some thoughts with TechCrunch (supported with great data from Dealroom.co) on why we should be far more optimistic about the EU & UK ‘AI’ sector. …