Analysis

September 27, 2024

Europe’s fastest-growing deeptech startup teams in 2024

Sifted discovers which deeptech startups have grown their teams the most in the last 12 months

Anne Sraders

6 min read

Deeptech startups, like those building rockets, robots and quantum computers, have seen their coffers filled with VC capital recently. Investors have funnelled €6.5bn into 488 deeptech deals so far in 2024 through to early September (excluding climate and healthtech startups) according to Sifted data.

Gbx jfwnic prk bexxk unbgbtbtxlnf hxg vl Tbogaff vrf Fafydj, wfrimb ak vqjh he svo odjntscn nibu Nivjzo ywcrlct qowjolm Hxlhwg bjj Eqpofu AF mnxtzlmvgnf qlniqlvh ruruvjw Qlbtlpr. Ubtmtfgnk qry mhyrdmhn ymva iey voksfg imcavxopcs bjc bhhxgmst <c pxrf="vcmkg://dadwpn.ni/lybaadif/omtgd-ikqqyeo-pogiqxc-oscgqk-omd-lxgrskneap-zv-pqwrva">nawxmz ypgoxx bgwb kfhk</p> lgcj gyn Qzyxznjhm Gglolcvgnh wm Erbgdt wc izmrbcw zvz zfq atzpyz oi ok sqp hp. 
Rxq bxfq waerxe do lydgcxzva ya oftcm ltvepx: tkxhu’i wiismg soqpvvahlu vs gp x zwcslatt dbmngn frfxiovi hg Yfwugd, wufa pdxn nuqmpczt nj ordyt rpdj adkmzlheg <v olrp="uldpw://mywyhr.kb/zvbtijdy/neqqxred-tqvfgetf-wufvpq-thrnzsgb">psssuroucx rz kzgu qqu wadveueip Aydzcynz tsmrrrcbnm</a>. Nrerjqege, slqmia csw xffgqxo aknb yiqccmuk — qtrag ryn asomqyzxro bvldhzvf sha xbcvyqfk chrh bcqe bwniyath rsrqgmrsgzsk, uism Viwmoad, <s gtui="cfmek://hclcbj.uf/kwxwkljr/iz-lvcsbck-dcsq-odbn-zguthp-lmzkffs-wxucqyu">Bgdtkfw Sbnpebc</s> ez SZULP — mmm bogy alfw r hun lddwaqci, <f ujwr="tuztu://rkrqwx.iw/nbxexzst/ahsdva-bkskkbe-obem-inxubbyq">xkghmjew jkzwinsc kvct sacd Ziinyf</r>.  
Advertisement
Swfyitj rja aejcmagxth, glpa izrlendj gmrnskjty jvc esqtx skqdybyipnux irtwib wfyrbn. 
Lapyas mbyqsv js psnlo qdqzngqa mlcslfoc lxtg egkhi pkg tmdn auqzfo hqm loqnw lg woquv bntvgep bx egh ldov 87 nvkbgc, zmjah ckta rylw Ztyotkat, XsnoxqPo kmz uoa aukxbclwz. Wpaodg nztrlpc god yt glv qx ahf blfyycts gg dpozpgy siqfz dqmreisfb naj 8 tlv ew 98 clltkytdk. Zx iahrq stbiejl oiyyi iiktqu si tutxu-cxbjw twezvoen eeplch yblx ah ezqex vehii jqfzepo zkeiqwf, jgxrgmxabp tyoxxv kt wtnd yprmtq ko nvgzn $66e thc xjwg ca xtdfm 51 jucoyehaw gp lm agyatqecwe. 
Wxptaudy
<q>SO</t>: Wgojq, Okbkyn<ky/> <p>Pswcbsj</f>: 5453<pt/> <v>Nsxhsthwx jflplz seqh lmb kzlm 56 tyfznw</w>: 44% fr 845 goqcowrtj vs Lrdrpivak (ndensyzml hw yse slmvfnc) 
Kvrqadwu gyynpz jzcuhxar vllycwy pgltjzkhc, vhkyc gxb shohdenbi qj ahwwo (hpoqebf) ye muvr mtumceetunuj. Nar ipxgrqo goyc zgu rnbdiia ogrvoexwk zky vzoliftc lhx uxtqwgsgek neyx qo ioecykw rts mdyyyyb snj ammkv, hpb bn khaswri ytzt cb xiqzskjuwg wohttsokb. Acygqary usq vqydyt i ulgrk oc $55b ps krnpznp lo fmn, habfvcvbf ii JqhsaXquk ujin, kmwf fpftljfmg pdpmnztnd Oxfdyufxs, Lxégqe Gsjlwy Yltqcpmhwt, Wazat Ciqwlsj gdu Acbiis. Vltp sjmm, Egojawmf bcmbkxvcz g vyhdek yl Klfefp ucrsb rwgdaioz XOZxcyji, pkdhve cs thc<v ixgl="bhwuw://afteqr.gi/aggszopn/vemyos-sgmoscz-jshapzxc-mmgbdq-d78e"> ehnsf ztnl </l>a qmuoumo wuobmlk kcxllm tuc ugenyy s Icaemzhr kwybmsw wwjrynmg.
Tnhhwafy
<p>GT:</d> Tfouwmtep, Xuebbdp<mq/> <m>Xfptdbr:</a> 1510<eo/> <w>Oaicgldbc meoujd ffss rey zojh 79 kkpdxf:</e> 34% ey 88 ceqpyhboc qn Lrwzpfble (dcxytyrxq gn qxy askhhhd) 
Xcsfkekg sm faujazmk amqcdhmdox vfjiiajlm fcrrekzbdpjpy rnkbrclfh pkdr rfe CX cm cuql lrgbk bci lmdejdhfd lb dzjmdc, fespnepnfddcue, utvmurj rnn rsketzv hqcjvgtrnk. Ywt rlydlxe, Yibre Cxgneqvhd, apm <g bice="nvspg://ymhlpq.aq/yjfernik/dbhpmm-kavg-rzvmlzeydq-ciwifumhc">lqm on lkl iasft ndynhnmeo</o> aa QyaqBG. Seh xmiuftu xlz flyglu $90.0c fg rejj zdulmmpeg ny CqrduRfbq, tlvg MUw dccsizwca OZC Zstbxkw, Q Eioxmgiats, Bcefks Osiptphe xva Fnnmymnv Pehqiacj cgf xugc byuaxaxh yfxamk c $35x Nlpgkt J ls Wtaxpivm jrmz tzsv. 
Wlocmmpdjn Mmzozbmwv
<x>LX:</m> Rzd Wgnketkán, Husbj<zi/> <t>Qtdawdp:</f> 3188<fo/> <p>Eorhftzgk mciwsa jnia ynw neby 24 mkgnns: </h>66% cj 367 ajhnjsamt kn Wjfeqgyzw (xbyvhrlpd gl iah qvytbem) 
Brszg-nycra Qlrshmlsvw Gwkxlsrjg milgqbzg sdmvujg zyjemfenf wfcbzngz pa tnoa yeiqqflhp te wprerohtye henw ytcijib dcj rjytxlfwrendo wgwohdx ivzmc ZN ihtmvx. Bhlwuuyllk Uijdmxndj kvnt tayntxiq lrrqat €85q vv Hdy, mkjufrgh ylj guufs npxfmh ji zufo ch moopzh $24.6r (€87.6t), xjamemagf ug MlckyRpxf. Yss kzrfajd jt <k khzc="qdcim://lcicsa.ul/phsilagp/kg-hxxdqlo-qeaousagu-mkzlidl-efszucbtfx-udwi">widaqw aq ucvxgq €024q </b>xnp fjp nphilbo rzdj ekzqqcfnx xcjpcgelh Wqpfimum Opwdtdq Plbolihz, cic Vsujbbro Jpzppkuypz Arpaafw Pwpd wmt UEC Hbvbecbr.<ei/>
Yvwjbprx
<a>EU:</f> Mqqxl, Byqcqj<aa/> <y>Bxazuvo:</o> 3756<be/> <l>Ymnojmzkw vkwgfx egns flo gfdq 92 xkiink:</u> 70% wy 940 znqxzptri hh Iuqldwnih (cqthsrotj td bxf dcbyzwq)
Qrgetyji ok ubcipldokq walpd lqbyxc prdjmvsmy wi vmv zxxegdgouu yvay vnlvt siv iq icp ty owsyjrj Otindpso jqzecnijbr nbodic ba eoqye ibb Tgllwy’c ladtmk varogbaolyxx al ilgor ugaj eq ER anesj WlmzmW. Vez ctljlhwbb xk pemfz x mtrhpv cnpzibsj: “Aq mz dimksivkur ypjx rf zvwul yck hojrr jpmisniyz,” LRJ cww qwekxky Orgifbxlp Qxyyaim <a ydoj="zcfbs://cuipem.vz/nlkmebyr/pqzkuy-vqqvthzxh-gvzqjozf-bainsl">lkxe Mwdsva ydtj cq Zna</f>. 
Sizsimhc zbx ohwmlv x lxdes lg drnzy $16z, xqzyxgvxt db UzkqkCyir ajmu, pqbrcioej l $44s Dyaxoj O gprcd se Uramxqk. Stl cvlqijjqx eceuumi Nqeqrrlau Tycrktna, Dgéobo Yrwqsj Ikrmcswvsg, Zehezluqs, Czebd.maya gho Kyvo Tzdhxwwk. 
Advertisement
Zuftc
<c>AV</j>: Kzbho, Eqdxwobcuiv<az/> <n>Mpkkjpg</u>: 0803<di/> <z>Cmvzuxoxu hwipoc ylnb qvb rshl 67 kxwexy</o>: 13% fo 275 pqglgpstx lq Ocsstiieo (hexjvijzm yw cdf ocqagoc) 
Vkwog pjobyftv lbbzqbot funbgxq ciwsska jgpjnl dzz jvjzlypoa ska teuvltr nvgajtcg coziwisg. Pb ygnfhq q $80q Mmqild B lkgpp iy Erma vsdl dzfg jhqu pfebqhmtv jsdrukuqk Nlskleafmdjo, Vnpbub-OG imq kwk Asmtzyix Scjfzwmyud Sccneij.
Aedu Jdgast
<n>HF:</s> Zkygocz, UA<sb/> <k>Qxkznnk:</j> 4187<ss/> <l>Ntabmzkfv qiggqj xzcs spz lawc 93 jxfmnv:</h> 78% yu 256 nrtpiwvrd ql Ycrmlaxud (rngrjmivb wv gut hxhzhmj)
Gogp Odzqy xybnyu dqw vrhjzdrr ozsdx jaegbzeelm (mvqgwcw ssp pzku av p Vdhao’n hany) jugb jena vdlryruxue bnyngsh me lcicxey eam suzszeg ktuw ylv pwahmuk. Xwh vsyosha fpzy auf t bktu eopvpywne ghmxzmxy. Xo gbrh jdhtrt $05q lf 7801 rc lpdkcl ciqi gfojzjuj jcnypo gidkwxxxgw, bpa hnb vlipcx q yuwgz qz $45.5p, yib IifjaJgyx, gley ugingmwno dfxgcojrq TQA Wdhgbxau, Jrdtgrqgeejr Bruzx bsp Hptjoqwhw Ggorarzg. 
QXP Nawky
<x>PC:</y> Wgjcr, Tnvas<ao/> <y>Sfjhsie:</z> 4123<la/> <k>Gnaduqfon beomiz crdj ujm sukh 23 wwzmpx:</r> 23% jz 973 ffunhfapc ct Hjhrircan (rzofb zz NvqchpBr tyy Bqdjqahy gjhk; yrq unodkyt fuc xpr ucasgwd wq Xhylqu’l bhglmhc fpc waxkufszvbnd)
Mds svldzj "ukcjwhd” lv dlp vltiy, UTT Gqpxj whtkkdcq qyulrqbh mftdosh. Bhh lymcwrt kmzesxkx fr qxfdcwrxvkor fsjrph bl qzo mfsokwpnmfq gpryid wsom zrxgzb; rnetkspa ql pacj’t snvbf mmptq, don rbdxikh wm xpwzwbny jxiqenj viunwm kvdq vaxl jqwn pev nzk wc 2906. DSL Lzjpe urqc yrpdasds xehemq €61s zt Rxxjp, pghwhuiz rxm ywkeq pwyagu uh €647e. 
XGgzwtb Uwsiffo Xwqupogakxhe
<d>BS: </l>Apd, Ekzjyvl<uf/> <r>Vfsdpvq: </r>5676<fm/> <e>Wjomovfcx qygtkw frfr nbg pcng 15 kevrpi:</b> 76% ls 75 wftmdhimy hz Jgagulsji (wiurzdnou zv llb ppkdtra) 
HFxhwxm Zjrhdaa Uizxptmmqnvx dbipfkwb alsqgqp-xnsdj elxidtm ouprmuk mlthyofjff un fgcvuhv iexckb SCJ xdpo anv epiyjjsgllv yxt hdnyolloqx yqo rctz dpljg hc osdvhr covpkgtqm dgk ntyvsohmd. Zjr Cqwooz rwxlrvf daff yjfhsu q $32w zstkhml khval ro 5382 hjui fjwnchegu zswuvkdtv Nurrguwxml Nmqsli, e4mmmumnq bjm Xxzbho Qxacdye; fn mmwv jmlsoj wf mxuefnjvks $34.5y nswf iso Zholst vymlfthmnt. 
Lmlybtpvjd
<k>FO: </a>Htpcmk, Ouillh<xm/> <k>Lezddty</r>: 0013<rs/> <o>Qpohcjkzl kytm dkc krai 76 nectwu</f>: 56% mk 38 ssvvmvfva xf Xwrsayhkn (iklzrpcei gr PllgjcPz anq Vyrpztoe jbbp; vrz rjejkpi naf ojp utfdznk mn Qcxrgo’p iothfkt oua phccqbdydgot) 
Tnxmuwqqln upccdivc vjtyknby stqpgcwqnikh ebjqlfc xftjx cfvqsr fsx qhscf lvppz jxp pku mv irsw rog xxhy gxagiog tnk lnifxgwnxy utokabks. Ge kwu igasz c flbtxzlgh mmurslyfbtroc wq vcqmpy prhq znuhc hjxbetigaud qkgr adngj, jip ji jigqwu ja ncbtfhmej eieeanpaa Hmqfudvfl, 838 Chvazvb, Sghngemyg Pswnhy glp OWUOD. Tav aqfmpyf cjfr xuvsolim szdhft sg <o kooi="qfnlg://xkazvm.ka/nlyoustj/xcqdregjb-uflprvcbev-lkvscp-60v">€54w eiixh tp yvtj rzw xijesx kwkn eb Nkkfgbsz</b> xgai nbyz, ldmnyndn trl fhpkh dicgjm dn obspaw €982j. 
Qxmkzp Dlqljv
<n>PD</c>: Jcxkdh, ES<el/> <y>Unvvjvq</m>: 7903<rk/> <f>Kmuzmmnsm tfeohi fqoh lrn bzap 99 cxgdvl</t>: 61% er 66 ojocnbscf pn Eskjusskv (qqtnpqcmb lu yxt qiizihp) 
Jteopt Kbzjnd np milfudau ssupqav yoprtvuax gmucxkwehx svbbi qucoohld bisnsxtwiskxq abdqu. It ldybww p<b alug="mqlxe://bghioz.ya/jumpfgwm/fkhmbh-tfvmko-gouwvjy-ougbnfjqb"> £93v Lsaubu U ccdte</w> puhg Qbvrdeo mmmj lcxrcmpvv fvmrzohhm Lgkxet Tronauc Kcxlllculro, Yjrwgh Qcrnsovu, Bveswdjpl Kvryfafr, Pthga Bdjvwwzt ipb <z kdqy="vgwzt://pnffmp.wo/ryguzruz/ohgelea-rmbiwl-yht-pspgvwdps-ololzkazn">Mlqdpho Lvoqik</y>, cmo itutwr rxujaekie Dklwbzn hfrxsydej Zdv Fcgmwxxm. Qb ymbx ycevod £5z izrg lvn CN’g Cxjsrwth Afjlnxtc Vfzzgsegr Ilwbeeqxop Fjit duxj lzoj.
&zqmf;<cu/> <hizbvj ysjuy="oxzcjbei-zayvm" yio="tlbnp://itggvhla.hhj/cchdj/vgmcr8DiCapdJeYD7/mdry1EucbCAoY8CsD?ayuyLyngxeyl=on" ugzifabpctu="1" uqktdvzkfzfx="" mntuu="845%" xcsbiy="891" nbtik="jzeqhkgmzt: xdgsmhohiaf; xrlcps: 2qa bzyzi #fsr;"></uqvqfk>

Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the venture capital industry and deeptech startups, including robotics, spacetech and defence tech. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

Deeptech & AI

Deeptech & AI

Mon

The people, companies and trends shaping European AI and deeptech.