State of European Tech

Fast-Track Insights

This report contains a vast amount of data. To help you explore the insights most relevant to you, we have curated a selection of reading pathways themed around different topic areas and audiences. Please note: there is some overlap between section since some insights cut across multiple themes.

    1

    9m

    State of AI

    In this reading track:

    • Europe is home to world-leading AI companies
    • Talent is rushing to join AI race
    • AI receives a more investment than ever — but a growth-stage gap persists

    The pace of AI-driven innovation is only accelerating, and in 2024 Europe has continued to bolster its position as a global leader in this theme, although there is still room to grow. This fast-track insight tells the story of how AI came to be the theme on everyone’s mind in Europe and beyond over the past decade.

    2

    4m

    The European funding gap

    In this reading track:

    • A decade of growth in VC investments
    • Where European tech companies hit funding bottlenecks
    • What’s needed to close the funding gap with the US

    European tech companies attract more funding than ever, yet the continent still has some way to catch up to the US. The European funding gap is a critical challenge, and the potential rewards in closing it are immense, from enabling more founders to build $B companies to retaining top talent and capturing more value within Europe.

    3

    5m

    Highlights from the UK & Ireland

    In this reading track:

    • More than $150B invested in UK tech since 2015
    • The UK ranks third in the world for AI funding
    • Yet, the rate of investment growth is slowing

    Tech companies in the UK & Ireland — and in London in particular — attract more capital than any other European nation. The region has cemented itself as a European tech leader, but how is it maintaining its lead, and which challengers are catching up to it?