UK Innovation Update Q1 2026

The UK has Europe's #1 and #3 most-funded AI startups

Ranking of the most funded European AI startups in the report table. UK companies take six of the top eleven slots.

6/11of Europe's most funded AI startups in the report table are UK-based

#1 + #3Nscale and Wayve give the UK two of Europe's top three AI fundraisers.

#1NscaleLondon

$3.7B

#2Mistral AIParis

$2.9B

#3WayveLondon

$2.5B

#4CelonisMunich

$1.8B

#5HelsingMunich

$1.5B

#6ContentsquareParis

$1.3B

#7Oxford NanoporeOxford

$1.3B

#8Advanced Machine LearningParis

$1.0B

#9KrakenLondon

$1.0B

#10BabylonLondon

$979M

#11ONCILondon

$898M