9 min read

State of AI

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.

Contents

State of AI

9 min read

The number of AI / ML companies that have reached a $B+ valuation has seen a tenfold increase over the past decade. Prior to 2015, we note only three companies that reached a $B+ valuation before 2015, versus 31 in the 2015 to 2024YTD period. The most recent to reach that milestone was mobility company Wayve in May 2024.

10x

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Chapter 5: Investors

Here, we look at how Europe's investor landscape has shaped up over the past decade. From angels and venture capital firms to large institutional investors, we dive into who is backing the venture asset class, how their perspectives changed over time and what their priorities are going forward.

State of European Tech Survey

Hard data on the European tech ecosystem forms the backbone of The State of European Tech, but just as important are the annual survey results we obtain from our readers — the people working in the tech community and driving Europe forward. This fast-track insight highlights the insights that can only be gathered by speaking to those who live and breathe the ecosystem.

State of DEI

Numerous initiatives and campaigns have taken aim at the lack of diversity in the European tech ecosystem. But despite these efforts, the needle hasn’t moved nearly enough over the past decade.