Atomico: European startups are on track to raise $44B in 2025, up from $41B in 2024; tech now makes up 15% of Europe's GDP, up from 4% in 2016
Sifted combed through the 183 charts in this year's edition to pick out the most important bits — Europe's startups are getting some of their mojo …
Niklas Zennström says European startups can thrive by developing apps for US-based AI platforms and believes pessimism about European startups is exaggerated
Niklas Zennström believes continent can thrive by developing applications on top of artificial intelligence models
A look at European startups building AI-powered weapons, betting governments will increase defense budgets and buy more autonomous drones and AI systems
Wrote our newsletter today about four fascinating newcomers in European defense: Helsing …
Atomico: European startups are on track to raise $45B in 2024, down from $47B in 2023, with only $3B in IPO value and $10B in M&A through mid-November
but the sector is finally stabilizing Suhasini Srinivasaragavan / Silicon Republic : Despite a drop in VC funding, Europe on track for growth Yazhou Sun / Bloomberg : Funding for Europe's AI Startups ...
Balderton Capital raised $1.3B for European startups across two funds: a $615M early-stage fund and a $685M fund for “growth” investing in more mature startups
Tim Bradshaw / Financial Times :
Dealroom analysis of European startups: as of May 2024, the UK had 785 startups with at least $25M of annual revenue, France had 309, and Germany had 255
Parmy Olson / Bloomberg : X: @pauljdavies X: Paul Davies / @pauljdavies : Forget the Unicorns and Decacorns (FFS!) - investors should be all about the colts and thoroughbreds in the race for the next...
Documents: sanctioned Russian billionaire Roman Abramovich quietly invested $63M+ in European startups via London VC firm Target Global between 2015 and 2021
Venture capital fund Target Global managed tens of millions of dollars for Roman Abramovich and helped the now-sanctioned oligarch build … X: @hkanji , @_iainmartin , @_iainmartin , @giacomotognini , ...
Atomico: European startups are on track to raise $45B in 2023, down from $85B in 2022; just seven unicorns are expected in 2023, vs. 48 in 2022 and 108 in 2021
The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist …
As AI chatbots take off, Helsinki-based Silo AI and other European startups race to improve responses in non-English languages, like German, Hebrew, and Arabic
Companies aim to improve response quality after criticism of reliance on small group of mostly US participants
Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in 2021; the European tech industry's value dropped by ~$400B to $2.7T in 2022
Ingrid Lunden / TechCrunch :