AI startups in Europe have created 35,000 jobs and are attracting significant VC funding, with a notable focus on health tech and climate-related applications.
Company Description
The European AI startup ecosystem has seen significant growth, with AI companies representing around 20% of all VC funding in the region, totaling approximately $8 billion in 2024. The majority of this funding is directed towards early-stage startups, particularly in seed to Series B rounds.