Introduction

Europe, the Middle East and Africa make up a key global region. EMEA is home to many of the world's leading startup hubs such as London, Paris and Tel-Aviv to name a few. Through a macro-lens, VC investment has been slowing globally from the highs of 2021, reaching $56 billion of VC investment to the region in 2024.   The share of global VC invested into EMEA-based startups has levelled out at the 20% mark, having been on the general rise since 2018.  

Venture Capital

In 2023, $69B+ was invested in tech companies within EMEA and 2024 is on track for a similar total.

By stage

Below we break venture capital into three distinct stages:

• Startup stage ($0-15M rounds)
• Breakout stage ($15-100M rounds)
• Scaleup stage ($100M+ rounds).

This provides more consistent and timeless segmentation of the startup & venture capital landscape (more so than self-reported round labeling, which are applied inconsistently, especially between business cycles). Early stage Access early-stage funding rounds into EMEA startups here on the Dealroom platform. Breakout stage Access breakout-stage funding rounds into EMEA startups here on the Dealroom platform. Scaleup stage Access scaleup-stage funding rounds into EMEA startups here on the Dealroom platform.  

By industry

Looking at the allocation of venture capital by industry within the EMEA region, we can see that for 2024 it's been a relatively close race between Enterprise Software, Health and Fintech.

By segments

Explore the most funded segments in EMEA below for VC investment in 2024 and since 2020.

Geographic Trends

By country

The UK leads for VC investment raised within EMEA. Below we show the latest data on VC investment by leading EMEA hubs in 2024.  

By city

London is the ecosystem leader in terms of VC investment in the region, with their startups raising roughly the same as the closest three ecosystems combined (Paris, Munich and Tel-Aviv). The table below displays the leading cities in EMEA by VC investment in 2024 for VC investment.  

Top Investors

Explore the data for the most active investors into the EMEA startup ecosystem as well as the most active EMEA investors here on the Dealroom platform.

New Palo Alto

New Palo Alto (NPA) is a science and tech supercluster and the epicentre of EMEA tech. It is to EMEA what Bay Area is to North America. New Palo Alto (NPA) is a supercluster of leading European ecosystems and research hubs that sit in close proximity to each other. The primary three tech hubs include London, Paris and Amsterdam through New Palo Alto also includes nearby local ecosystems such as Bristol, Oxford, Brussels and Rotterdam to name a few.

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