Startup Insight

AI Deals in Europe

Nov 13, 2024 | By Kailee Rainse

AI Deals in Europe

Europe's growing AI scene shows that it's not just the big tech companies making an impact; the smaller AI startups are leading the way.

SUMMARY

  • AI Deals in Europe
  • Europe's growing AI scene shows that it's not just the big tech companies making an impact; the smaller AI startups are leading the way.

Many AI companies in Europe highlight the region’s strong talent pool, with top scientists and engineers as a key reason for staying here. According to global VC firm Atomico, Europe’s AI workforce has grown over 10 times in the last decade, with more than 120,000 people now working in AI—surpassing the US.

There are lot of innovative AI startup that contribute in european AI startup ecosystem. We have the latest research on AI startups deals right here.

Let's Explore the startup that have funded in this industry

Mistral AI - €600Million


Paris-based AI startup Mistral AI’s advanced models, like Mistral Large, are custom-built to be offered as API products. Their first generative AI model for code, Codestral, has a restricted license, meaning its outputs can’t be used for commercial purposes.

Stanhope - £2.3Million

Stanhope AI is based in the heart of London is a deep-tech startup with expertise in neuroscience and robotics. They’re introducing Active Inference as a new way for machines to make decisions on their own. Their approach focuses on providing real intelligence with clear explanations and reliability—something that’s often missing in today’s AI systems.

Whispp - €750k

Whispp’s AI technology and calling app turn whispered speech or speech from people with vocal cord impairments into a clear, natural voice of your choice, without delay. By using recordings, your Whispp voice can even sound like your own healthy voice.

Magic Feedback - €1.2 Million

Magic Feedback is the first AI-powered tool for customer feedback, helping customer-focused companies collect, analyze, and respond to feedback quickly and at scale, so they can make better decisions faster.

Proemial - €2 Million

Proemial is creating a new online space for research. Their platform makes it easy to read the latest research preprints and uses both open-source and AI technology to summarize, explain, and explore papers. It also recommends related studies and encourages discussions in a public forum, aiming to connect people through discovery, innovation, and knowledge.

Artisan - $2.3 Million

Artisan is building AI-powered employees, called Artisans, along with software that’s simple, beautiful, and replaces the need for multiple different tools. They’re starting with outbound sales. Their platform includes everything needed for outbound sales—B2B data, AI-driven email sequences, deliverability tools, and more.

Wudpecker - €330k

In 2022, Joona Jokivuori, Ankur Dahama, and Hai Ta established Wudpecker. The group came together while attending Tampere University in Finland. During your calls, focus on listening. Wudpecker will be handling your tasks and notes. mechanically.

TitanML - $2.8 Mn

TitanML offers a high-performance LLM cluster for running advanced language AI models. It provides reliable APIs for top models, hosted in your own environment as an alternative to using cloud-based APIs.

Tidalflow - $1.7 Million

Tidalflow is changing the way you reach your health goals. Their mission is to help you turn moments of motivation into lasting habits and real results. They know that staying healthy is a personal challenge, made harder by the chaos of life and the limits of traditional fitness solutions.

Responsibly - $2.4 million

Responsibly is a platform for responsible procurement. They offer a one-stop solution for supplier data from various providers, making it easier for you to source responsibly.


Recommended Stories for You