# Top 50 AI Startups in Europe by Funding (2026)

> The 50 best-funded AI startups in Europe, ranked by total funding raised: $66B combined. With founding year, headquarters and each company's rounds.

Source: https://millionrounds.com/top-lists/ai-startups-europe (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Mistral AI** Mistral AI is an AI startup that provides developers and businesses access to open and portable generative AI solutions.](https://millionrounds.com/company/mistral-ai) Mistral AI is an AI startup that provides developers and businesses access to open and portable generative AI solutions. *Founded* 2023 Paris, France **$7.5B** last round Sept 2026
- 2 [**Nscale**](https://millionrounds.com/company/nscale) *Founded* 2025 United Kingdom **$6.9B** last round Sept 2026
- 3 [**Nebius Group**](https://millionrounds.com/company/nebius-group) *Founded* - Netherlands **$4.2B** last round Oct 2026
- 4 [**Neura Robotics** NEURA Robotics is a German high-tech robotics company founded in 2019 and based in Metzingen, near Stuttgart.](https://millionrounds.com/company/neura-robotics) NEURA Robotics is a German high-tech robotics company founded in 2019 and based in Metzingen, near Stuttgart. *Founded* 2019 Metzingen, Germany **$3.9B** last round Jun 2026
- 5 [**Helsing** Helsing is a German defense technology company based in Munich, founded in 2021.](https://millionrounds.com/company/helsing) Helsing is a German defense technology company based in Munich, founded in 2021. *Founded* 2021 Munich, Germany **$3.7B** last round Jul 2026
- 6 [**ARGO AI** Argo AI was an autonomous driving technology company based in Pittsburgh, Pennsylvania, founded in 2016 by Bryan Salesky and Peter Rander.](https://millionrounds.com/company/argo-ai) Argo AI was an autonomous driving technology company based in Pittsburgh, Pennsylvania, founded in 2016 by Bryan Salesky and Peter Rander. *Founded* 2016 Pittsburgh, United Kingdom **$3.6B** last round Nov 2024
- 7 [**Mistral** Mistral AI is a French artificial intelligence startup founded in April 2023 and based in Paris.](https://millionrounds.com/company/mistral) Mistral AI is a French artificial intelligence startup founded in April 2023 and based in Paris. *Founded* 2023 Paris, France **$3.3B** last round Sept 2025
- 8 [**Isomorphic Labs** Isomorphic Labs is a London-based artificial intelligence company focused on transforming the drug discovery process.](https://millionrounds.com/company/isomorphic-labs) Isomorphic Labs is a London-based artificial intelligence company focused on transforming the drug discovery process. *Founded* 2021 London, United Kingdom **$3.1B** last round May 2026
- 9 [**Wayve** Wayve Technologies Ltd is a British company focused on developing self-driving vehicle systems.](https://millionrounds.com/company/wayve) Wayve Technologies Ltd is a British company focused on developing self-driving vehicle systems. *Founded* 2017 London, United Kingdom **$1.8B** last round Apr 2026
- 10 [**UFORCE** UFORCE is a Ukrainian defense technology company focused on developing and manufacturing advanced military technologies, particularly unmanned platforms for air](https://millionrounds.com/company/uforce) UFORCE is a Ukrainian defense technology company focused on developing and manufacturing advanced military technologies, particularly unmanned platforms for air *Founded* - London, United Kingdom **$1.4B** last round Nov 2026
- 11 [**Lovable** Lovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessible to everyone.](https://millionrounds.com/company/lovable) Lovable Labs Incorporated, based in Stockholm, is a full-stack AI development platform focused on making software creation accessible to everyone. *Founded* 2023 Stockholm, Sweden **$1.4B** last round Aug 2026
- 12 [**Bending Spoons** Bending Spoons is a developer of digital technology products including video editing tools and an image editor.](https://millionrounds.com/company/bending-spoons) Bending Spoons is a developer of digital technology products including video editing tools and an image editor. *Founded* 2013 Milan, Italy **$1.3B** last round Sept 2026
- 13 [**Legora** Legora is a legal technology company based in Stockholm, founded in 2023.](https://millionrounds.com/company/legora) Legora is a legal technology company based in Stockholm, founded in 2023. *Founded* 2023 Stockholm, Sweden **$1.3B** last round Oct 2026
- 14 [**Prior Labs** Prior Labs is developing innovative foundation models that understand spreadsheets and databases.](https://millionrounds.com/company/prior-labs) Prior Labs is developing innovative foundation models that understand spreadsheets and databases. *Founded* 2024 Berlin, Germany **$1.2B** last round May 2026
- 15 [**Recursive Superintelligence**](https://millionrounds.com/company/recursive-superintelligence) *Founded* - United Kingdom **$1.1B** last round Apr 2026
- 16 [**Ineffable Intelligence** Ineffable Intelligence develops machine learning systems that learn through interaction and experience.](https://millionrounds.com/company/ineffable-intelligence) Ineffable Intelligence develops machine learning systems that learn through interaction and experience. *Founded* 2025 London, United Kingdom **$1.1B** last round Apr 2026
- 17 [**AMI Labs**](https://millionrounds.com/company/ami-labs) *Founded* - France **$1.0B** last round Mar 2026
- 18 [**Advanced Machine Intelligence**](https://millionrounds.com/company/advanced-machine-intelligence) *Founded* - France **$1.0B** last round Mar 2026
- 19 [**Domyn** Domyn is a Milan-based deep-tech company that specializes in developing sovereign, enterprise-grade AI solutions for highly regulated industries.](https://millionrounds.com/company/domyn) Domyn is a Milan-based deep-tech company that specializes in developing sovereign, enterprise-grade AI solutions for highly regulated industries. *Founded* 2016 Milan, Italy **$1.0B** last round Aug 2026
- 20 [**1X Technologies** 1X Technologies is a manufacturing company that supplies electrical, communications, and data networking wire and cable products.](https://millionrounds.com/company/1x-technologies) 1X Technologies is a manufacturing company that supplies electrical, communications, and data networking wire and cable products. *Founded* 2015 Norway **$1.0B** last round Sept 2025
- 21 [**Fractile** Fractile is a UK-based technology company and semiconductor startup founded in 2022 by Dr.](https://millionrounds.com/company/fractile) Fractile is a UK-based technology company and semiconductor startup founded in 2022 by Dr. *Founded* 2022 London, United Kingdom **$960M** last round Oct 2026
- 22 [**CuspAI** CuspAI is an innovative artificial intelligence company based in Cambridge, United Kingdom, with additional teams in Amsterdam and Berlin.](https://millionrounds.com/company/cuspai) CuspAI is an innovative artificial intelligence company based in Cambridge, United Kingdom, with additional teams in Amsterdam and Berlin. *Founded* 2024 Cambridge, United Kingdom **$950M** last round Jul 2026
- 23 [**Graphcore** Graphcore develops a microprocessor designed for AI and machine learning applications.](https://millionrounds.com/company/graphcore) Graphcore develops a microprocessor designed for AI and machine learning applications. *Founded* 2016 Bristol, United Kingdom **$835M** last round May 2026
- 24 [**Multiverse Computing** Multiverse Computing is a leading quantum AI software company based in San Sebastián, Spain, with additional offices in Canada, the UK, France, Germany, Italy,](https://millionrounds.com/company/multiverse-computing) Multiverse Computing is a leading quantum AI software company based in San Sebastián, Spain, with additional offices in Canada, the UK, France, Germany, Italy, *Founded* 2019 San Sebastian, Spain **$785M** last round Jul 2026
- 25 [**evroc** evroc is the European Cloud built for AI - delivering a secure, sovereign, and sustainable hyperscale cloud with best-in-class services and developer experience.](https://millionrounds.com/company/evroc) evroc is the European Cloud built for AI - delivering a secure, sovereign, and sustainable hyperscale cloud with best-in-class services and developer experience. *Founded* 2022 Stockholm, Sweden **$766M** last round Mar 2025
- 26 [**TEKEVER**](https://millionrounds.com/company/tekever) *Founded* 2013 United Kingdom **$654M** last round Sept 2026
- 27 [**Recursive** Recursive self-improving superintelligence to automate knowledge discovery.](https://millionrounds.com/company/recursive) Recursive self-improving superintelligence to automate knowledge discovery. *Founded* - London, United Kingdom **$650M** last round Apr 2026
- 28 [**1KOMMA5°** 1Komma5° is an electricity company offering free electricity to all electric vehicle owners financed through trading using GHG quotas.](https://millionrounds.com/company/1komma5) 1Komma5° is an electricity company offering free electricity to all electric vehicle owners financed through trading using GHG quotas. *Founded* 2021 Hamburg, Germany **$563M** last round Oct 2026
- 29 [**OLIX** OLIX is an AI company focused on developing advanced hardware solutions for AI inference workloads.](https://millionrounds.com/company/olix) OLIX is an AI company focused on developing advanced hardware solutions for AI inference workloads. *Founded* 2024 London, United Kingdom **$532M** last round Aug 2026
- 30 [**Nearfield Instruments** Nearfield Instruments (NFI) is a semiconductor metrology equipment company based in Rotterdam, Netherlands.](https://millionrounds.com/company/nearfield-instruments) Nearfield Instruments (NFI) is a semiconductor metrology equipment company based in Rotterdam, Netherlands. *Founded* 2016 Rotterdam, Netherlands **$527M** last round Jun 2026
- 31 [**Synthesia** Synthesia is a British multinational AI company based in London, founded in 2017.](https://millionrounds.com/company/synthesia) Synthesia is a British multinational AI company based in London, founded in 2017. *Founded* 2017 London, United Kingdom **$506M** last round Jan 2026
- 32 [**Pigment** Pigment is a Paris-based enterprise software company founded in 2019, specializing in an AI-powered integrated business planning and performance management platform.](https://millionrounds.com/company/pigment) Pigment is a Paris-based enterprise software company founded in 2019, specializing in an AI-powered integrated business planning and performance management platform. *Founded* 2019 Paris, France **$483M** last round Oct 2026
- 33 [**PhysicsX** PhysicsX is a London-based deeptech company that develops an AI-native engineering software platform aimed at transforming how industrial organizations design,](https://millionrounds.com/company/physicsx) PhysicsX is a London-based deeptech company that develops an AI-native engineering software platform aimed at transforming how industrial organizations design, *Founded* 2019 London, United Kingdom **$477M** last round Jun 2026
- 34 [**Quantexa** Quantexa is a UK-based software company founded in 2016, specializing in Contextual Decision Intelligence (CDI).](https://millionrounds.com/company/quantexa) Quantexa is a UK-based software company founded in 2016, specializing in Contextual Decision Intelligence (CDI). *Founded* 2016 London, United Kingdom **$471M** last round Mar 2026
- 35 [**Exein** Exein is a global leader in embedded IoT cybersecurity, founded in 2018 and headquartered in Rome, Italy, with additional offices in the US, Germany, and Taiwan.](https://millionrounds.com/company/exein) Exein is a global leader in embedded IoT cybersecurity, founded in 2018 and headquartered in Rome, Italy, with additional offices in the US, Germany, and Taiwan. *Founded* 2018 Rome, Italy **$471M** last round Sept 2026
- 36 [**Parloa** Parloa is a Berlin-based enterprise software company that specializes in Artificial Intelligence solutions for customer service.](https://millionrounds.com/company/parloa) Parloa is a Berlin-based enterprise software company that specializes in Artificial Intelligence solutions for customer service. *Founded* 2018 Berlin, Germany **$470M** last round May 2026
- 37 [**Bird.com**](https://millionrounds.com/company/bird-com) *Founded* - Netherlands **$450M** last round Sept 2026
- 38 [**Sennder** sennder Technologies GmbH, founded in 2015 in Berlin, Germany, is Europe’s leading digital freight forwarder.](https://millionrounds.com/company/sennder) sennder Technologies GmbH, founded in 2015 in Berlin, Germany, is Europe’s leading digital freight forwarder. *Founded* 2015 Berlin, Germany **$404M** last round Nov 2026
- 39 [**Lighthouse** Lighthouse is the home camera for smart home.](https://millionrounds.com/company/lighthouse) Lighthouse is the home camera for smart home. *Founded* 2014 Palo Alto, United Kingdom **$370M** last round Nov 2024
- 40 [**Fever**](https://millionrounds.com/company/fever) *Founded* - Sweden **$359M** last round Sept 2026
- 41 [**Scan.com** Scan.com is a healthcare technology company based in London, specializing in diagnostic imaging.](https://millionrounds.com/company/scan-com) Scan.com is a healthcare technology company based in London, specializing in diagnostic imaging. *Founded* 2017 London, United Kingdom **$350M** last round Aug 2026
- 42 [**Onodrim Industries** Onodrim Industries is a tech company that focuses on mission-critical systems across defence manufacturing, advanced sensing.](https://millionrounds.com/company/onodrim-industries) Onodrim Industries is a tech company that focuses on mission-critical systems across defence manufacturing, advanced sensing. *Founded* - Amsterdam, Netherlands **$347M** last round Nov 2026
- 43 [**Dwelly** Dwelly is a London-based startup that specializes in acquiring and modernizing independent real estate letting agencies across the UK.](https://millionrounds.com/company/dwelly) Dwelly is a London-based startup that specializes in acquiring and modernizing independent real estate letting agencies across the UK. *Founded* 2023 London, United Kingdom **$315M** last round Jul 2026
- 44 [**Sylvera** Sylvera is an independent carbon intelligence platform based in London, UK, founded in 2020 by Allister Furey and Sam Gill.](https://millionrounds.com/company/sylvera) Sylvera is an independent carbon intelligence platform based in London, UK, founded in 2020 by Allister Furey and Sam Gill. *Founded* 2020 London, United Kingdom **$308M** last round Dec 2024
- 45 [**Meero** Meero is a photo creation company that offers AI-powered photography production, quality check, and enhancement solutions.](https://millionrounds.com/company/meero) Meero is a photo creation company that offers AI-powered photography production, quality check, and enhancement solutions. *Founded* - Paris, France **$306M** last round Oct 2025
- 46 [**DeepL** DeepL is a deep-learning company that engages in translating texts and full document files.](https://millionrounds.com/company/deepl) DeepL is a deep-learning company that engages in translating texts and full document files. *Founded* 2017 Cologne, Germany **$300M** last round May 2024
- 47 [**Black Forest Labs** Black Forest Labs is a generative AI research company dedicated to developing advanced deep learning models for image and video synthesis.](https://millionrounds.com/company/black-forest-labs) Black Forest Labs is a generative AI research company dedicated to developing advanced deep learning models for image and video synthesis. *Founded* 2024 Freiburg, Germany **$300M** last round Dec 2025
- 48 [**Cera Care** Cera is a homecare service provider offering daytime visits, overnight, private nursing and live-in care for the elderly people.](https://millionrounds.com/company/cera-care) Cera is a homecare service provider offering daytime visits, overnight, private nursing and live-in care for the elderly people. *Founded* 2015 London, United Kingdom **$286M** last round Jan 2025
- 49 [**Skeleton Technologies** Skeleton Technologies is a global leader in cleantech and the largest manufacturer of advanced energy storage solutions, focusing on ultracapacitors and high-po](https://millionrounds.com/company/skeleton-technologies) Skeleton Technologies is a global leader in cleantech and the largest manufacturer of advanced energy storage solutions, focusing on ultracapacitors and high-po *Founded* 2009 Tallinn, Estonia **$274M** last round Oct 2026
- 50 [**Elliptic** Elliptic is a leading blockchain analytics and crypto compliance firm based in London, with additional offices in New York, Singapore, and Tokyo.](https://millionrounds.com/company/elliptic) Elliptic is a leading blockchain analytics and crypto compliance firm based in London, with additional offices in New York, Singapore, and Tokyo. *Founded* 2013 London, United Kingdom **$265M** last round Jul 2026

**Total funding** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies whose funding rounds we classed as any of these sectors, ranked by the total they have raised in rounds we hold. Nobody pays to be on a list.

## Who backed them?

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## More ai lists

[See all](https://millionrounds.com/top-lists?t=AI)

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