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AI startups attracted 25% of Europe’s VC funding

TechCrunch LogoTechCrunch16h ago

AI startups attracted 25% of Europe’s VC funding - TechCrunch

Quick Summary:

Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving.

This may not be news to TechCrunch readers already familiar with European AI rising stars such as Mistral AI and Photoroom, but also newcomers like Dottxt.

This means that there’s funding available to AI startups, whether at early or at later stages, although it may not always come from Europe itself.


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Article Details

Author / Journalist: Anna Heim

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 19:08:21 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 24604695

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