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Startup list · Europe

Deep tech startups in Europe

Below are the top European deep tech startups, ranked by total funding. Together the 50 companies on this list have raised a combined $73B, and include 42 unicorns. The strongest hubs are United Kingdom, Germany, France.

$73Bcombined funding · 50 companies
United Kingdomtop hub
50companies shown
42unicorns

Ranked by total funding · Updated 2026-10-31 · Source: Dealroom

#CompanyFoundedHQFunding
1 Northvolt On a mission to establish a supply of sustainable batteries in Europe and enable the future of energy 2016 Stockholms kommun, Sweden $7.7B
2 Mistral AIUnicorn Developing advanced large language models & AI tools 2023 Paris, France $6.2B
3 Eutelsat OneWebUnicorn Formerly WorldVu and OneWeb. Provides broadband satellite Internet services in low Earth orbit (LEO). Part of France's Eutelsat Group 2012 London, United Kingdom $4.9B
4 StegraUnicorn Formerly H2 Green Steel, large-scale steel producer based on a fossil-free manufacturing process targeting large European OEMs 2020 Stockholms kommun, Sweden $4.2B
5 HelsingUnicorn AI-enabled autonomous systems for multi-domain defense applications 2021 Munich, Germany $3.3B
6 Isomorphic LabsUnicorn An artificial intelligence company to discover new drugs 2021 London, United Kingdom $2.7B
7 WayveUnicorn Mapless, hardware-agnostic AI driving software for OEMs 2017 London, United Kingdom $2.6B
8 VerkorUnicorn A company that promotes the deployment of renewable energies by designing and manufacturing low-carbon batteries for the European market 2020 Grenoble, France $2.1B
9 ICEYEUnicorn High-resolution radar imagery for real-time Earth monitoring 2014 Espoo, Finland $1.8B
10 CelonisUnicorn The global leader in execution management that provides an Execution Management System to help companies in running their business processes 2011 Munich, Germany $1.8B
11 BioNTechUnicorn Develops personalized immunotherapies with a focus on cancer medicine 2008 Mainz, Germany $1.7B
12 Neura RoboticsUnicorn Physical AI and cognitive robots for real-world work 2019 Metzingen, Germany $1.7B
13 Poolside AIUnicorn AI models enabling high-impact software development 2023 Paris, France $1.6B
14 Quantum SystemsUnicorn Software-defined autonomous aerial and ground systems for defence and dual-use missions 2015 Gilching, Germany $1.6B
15 ElevenLabsUnicorn AI platform for realistic, multilingual voice synthesis 2022 London, United Kingdom $1.3B
16 ŌURAUnicorn An award-winning and fast-growing startup that helps people track all stages of sleep and activity 2013 Oulu, Finland $1.3B
17 Oxford Nanopore TechnologiesUnicorn Developing a new generation of nanopore-based electronic systems for analysis of single molecules 2005 Oxford, United Kingdom $1.3B
18 CMR SurgicalUnicorn Modular robotic system for minimal access surgery. 2014 Cambridge, United Kingdom $1.3B
19 Neko HealthUnicorn Preventive full-body health scans with proprietary sensors and clinician review 2018 Stockholms kommun, Sweden $1.2B
20 Isar AerospaceUnicorn Spectrum launch vehicles for small and medium satellites 2018 Ottobrunn, Germany $1.1B
21 Ineffable IntelligenceUnicorn Post-LLM research advancing general artificial intelligence 2025 London, United Kingdom $1.1B
22 FractileUnicorn Next-generation inference chips for frontier AI models 2022 London, United Kingdom $1.0B
23 AMI - Advanced Machine IntelligenceUnicorn Holistic artificial intelligence systems based on world models 2025 Paris, France $1.0B
24 ArrivalUnicorn Technology company making smart and electric vans 2015 London, United Kingdom $985M
25 NewcleoUnicorn Developing a new industrial standard of clean, safe and inexhaustible energy production from Nuclei 2021 Lyon, France $918M
26 Sunfire$25M+ revenue Industrial electrolyzers for green hydrogen production. 2010 Dresden, Germany $900M
27 ClimeworksUnicorn Commercialises a highly energy efficient technology for CO2 capture from air 2009 Zurich, Switzerland $898M
28 LumiraDxUnicorn Delivers connected diagnostics and diagnostic-led care solutions 2014 London, United Kingdom $879M
29 Multiverse ComputingUnicorn Quantum computing software for businesses, through quantum machine learning and Monte Carlo techniques 2019 San Sebastián, Spain $875M
30 ImprobableUnicorn Metaverse technology company pioneering new ways to connect, play, create and build value across interconnected virtual worlds 2012 London, United Kingdom $864M
31 Volocopter Brings urban air mobility (UAM) to megacities worldwide 2011 Bruchsal, Germany $770M
32 IQMUnicorn European leader in superconducting quantum computers 2018 Espoo, Finland $713M
33 Graphcore$25M+ revenue Develops a microprocessor designed for AI and machine learning applications 2016 Bristol, United Kingdom $682M
34 TEKEVERUnicorn AI-powered autonomous UAS and surveillance-as-a-service for defence and maritime security 2001 Lisbon, Portugal $678M
35 ExscientiaUnicorn Applying artificial intelligence and big data processing to accelerate discovery and development of drugs 2012 Oxford, United Kingdom $675M
36 The Exploration CompanyUnicorn Democratises space exploration, for space and non-space industries 2021 Planegg, Germany $665M
37 PLD Space Partially reusable MIURA launchers for small-satellite access to space 2011 Elx, Spain $654M
38 Proxima FusionUnicorn QI-HTS stellarator fusion company building Europe’s commercial fusion plants 2023 Munich, Germany $651M
39 Recursive SuperintelligenceUnicorn Automating the AI development pipeline for self-improvement. 2026 London, United Kingdom $650M
40 ITM RadiopharmaUnicorn Development, production and global supply of targeted diagnostic and therapeutic radiopharmaceuticals and radioisotopes for use in cancer treatment 2004 Garching bei München, Germany $645M
41 Aleph Alpha$25M+ revenue Artificial intelligence research and development for the next generation of generalizable artificial intelligence 2019 Heidelberg, Germany $641M
42 Nearfield InstrumentsUnicorn Atomic-scale 3D metrology for semiconductor process control. 2016 Rotterdam, Netherlands $628M
43 StarkUnicorn AI-enabled unmanned systems for European defence operations. 2024 Berlin, Germany $627M
44 EinrideUnicorn End-to-end solutions for electric and autonomous shipping. 2016 Stockholms kommun, Sweden $618M
45 Truphone$25M+ revenue Free and low cost mobile international calls via GSM and VoIP technology 2006 London, United Kingdom $601M
46 PasqalUnicorn Full-stack neutral atom quantum computing systems 2019 Palaiseau, France $588M
47 LedgerUnicorn Providing security and infrastructure solutions for cryptocurrencies and blockchain applications 2014 Paris, France $584M
48 CuspAIUnicorn AI materials discovery and AI Materials Foundry 2024 Cambridge, United Kingdom $580M
49 InnovaFeed Biotechnology company specializing in the breeding of insects for animal and plant food 2016 Paris, France $554M
50 UforceUnicorn Battle-proven autonomous weapons systems 2025 London, United Kingdom $550M

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