VC investments in Europe are focused on AI and clean technologies, and Ukraine invests in security innovation.

Thursday, August 22, 2024
VC investments in Europe are focused on AI and clean technologies, and Ukraine invests in security innovation.

In the second quarter, venture capital investment in Europe showed significant growth, reaching $17.8B, which significantly exceeded the first quarter’s figure – $13.9B. Artificial intelligence remains one of the most attractive options for investors in Europe. Significant investments have been made by such companies as British Wayve, which is engaged in autonomous driving ($1B); French Mistral AI, which develops large language models ($650M); German DeepL, which specializes in translations ($300M); and French H Company, which is engaged in automation ($220M). Alternative energy and clean technologies also remain a focus. Despite the recent optimism, investor caution is expected in the third quarter due to political events in the UK and the US. At the same time, AI, energy and clean technologies will likely remain in the spotlight. At the same time, the investment climate in Ukraine is marked by significant interest in the technology sector, including AI and blockchain. Security technologies are also attracting special attention.

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