Analysis

August 12, 2024

Europe’s fastest-growing AI startups

Europe’s AI startups are flush with cash. These companies are using funds to expand their teams as quickly as possible

AI took the funding spotlight in Europe last year. Investment in the sector represented around a fifth of total funding at $9bn, largely driven by the recent boom in generative AI. This year is showing no sign of a slowdown, with AI monster rounds ranging from French startup H’s $220m seed round to Mistral’s latest €600m fundraise.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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