Startup list · Europe
Generative AI startups in Europe
Generative AI is reshaping every layer of the software stack, from foundation models and infrastructure to sector-specific applications. This list ranks the top European generative AI startups by total funding raised, spanning large language models, image generation, code, and multimodal AI.
$44Bcombined funding · top 50
United Kingdomtop hub
50companies shown
1fast growing
Ranked by total funding · Updated 2026-06-26 · Source: Dealroom
| # | Company | Founded | HQ | Funding |
|---|---|---|---|---|
| 1 |
 K
Klarna$100M+ revenue
Payments and commerce platform for consumers
|
2005 | Stockholms kommun, Sweden | $4.5B |
| 2 |
 M
Mistral AI$100M+ revenue
Developing advanced large language models and AI tools
|
2023 | Paris, France | $2.9B |
| 3 |
 H
Helsing$25M+ revenue
AI-enabled autonomous systems for multi-domain defense applications
|
2021 | Munich, Germany | $2.7B |
| 4 |
 S
Spotify$100M+ revenue
Music streaming service
|
2006 | Stockholms kommun, Sweden | $2.1B |
| 5 |
 M
Monzo Bank$100M+ revenue
Digital-only bank platform and marketplace that allows customers to access a range of products and services
|
2015 | London, United Kingdom | $1.9B |
| 6 |
 C
Celonis$100M+ revenue
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 |
| 7 |
 C
ContentSquare$100M+ revenue
Develops a digital experience analytics platform that enables businesses to track online customer behavior
|
2012 | Paris, France | $1.3B |
| 8 |
 Ō
ŌURA$100M+ revenue
An award-winning and fast-growing startup that helps people track all stages of sleep and activity
|
2013 | Oulu, Finland | $1.3B |
| 9 |
 I
ICEYE$100M+ revenue
High-resolution radar imagery for real-time Earth monitoring
|
2014 | Espoo, Finland | $1.2B |
| 10 |
 R
Rolls-Royce
Designs and maintains advanced systems for critical power and propulsion, serving industries from aerospace to energy
|
1904 | London, United Kingdom | $1.1B |
| 11 |
 T
Teya$100M+ revenue
FinTech company dedicated to building a better future for merchants by servicing them through payment and management tools
|
2019 | London, United Kingdom | $1.1B |
| 12 |
 G
Glovo$100M+ revenue
Delivery player in Europe, Hispanic America and Africa, with food at the core of the business, delivers any product within cities at any time of day
|
2015 | Barcelona, Spain | $992M |
| 13 |
 Z
Zopa$100M+ revenue
The first ever peer-to-peer lending company to give people access to simpler, better-value loans and investments
|
2005 | London, United Kingdom | $957M |
| 14 |
 I
Isar Aerospace
Develops next generation rockets for sustainable access to space for small and medium satellites
|
2018 | Ottobrunn, Germany | $913M |
| 15 |
 M
Mollie$100M+ revenue
Effortless payment processing for online businesses
|
2004 | Amsterdam, Netherlands | $865M |
| 16 |
 I
Improbable$100M+ revenue
Metaverse technology company pioneering new ways to connect, play, create and build value across interconnected virtual worlds
|
2012 | London, United Kingdom | $864M |
| 17 |
 A
Alan$100M+ revenue
Digital health insurance and healthcare super-app
|
2016 | Paris, France | $842M |
| 18 |
 E
ElevenLabs$100M+ revenue
AI platform for realistic, multilingual voice synthesis
|
2022 | London, United Kingdom | $792M |
| 19 |
 R
Relex Solutions$100M+ revenue
Provider of cutting-edge retail optimization software
|
2005 | Helsinki, Finland | $784M |
| 20 |
 E
Enpal$100M+ revenue
Residential solar energy and smart home solutions provider
|
2017 | Berlin, Germany | $754M |
| 21 |
 G
GoStudent$100M+ revenue
Online platform matching students with tutors for live one-to-one academic support across many subjects
|
2016 | Vienna, Austria | $700M |
| 22 |
 Q
Qonto$100M+ revenue
An online bank that provides financial tools for small and medium-sized businesses and freelancers
|
2016 | Paris, France | $689M |
| 23 |
 A
Acronis
Cybersecurity company that solves safety, accessibility, privacy, authenticity, and security challenges
|
2003 | Schaffhausen, Switzerland | $658M |
| 24 |
 V
Virgin Atlantic
Transformed the airline industry, becoming Britain's second-largest carrier with non-stop transatlantic routes
|
1984 | Crawley, United Kingdom | $650M |
| 25 |
 S
Stark
AI-enabled unmanned systems for European defence operations.
|
2024 | Berlin, Germany | $627M |
| 26 |
 E
Einride$25M+ revenue
Electric and autonomous freight solutions for sustainable transport
|
2016 | Stockholms kommun, Sweden | $618M |
| 27 |
 E
EGYM$100M+ revenue
A global fitness technology leader providing fitness and health facilities with intelligent workout solutions
|
2010 | Munich, Germany | $582M |
| 28 |
 L
Lovable$100M+ revenue
An AI platform to build web apps with natural language
|
2023 | Stockholms kommun, Sweden | $553M |
| 29 |
 D
Doctolib$100M+ revenue
Transforming healthcare through technology
|
2013 | Levallois-Perret, France | $536M |
| 30 |
 I
IQM$25M+ revenue
European leader in superconducting quantum computers
|
2018 | Espoo, Finland | $527M |
| 31 |
 E
Electra
A platform that provides charging stations Ultra fast for electric vehicles
|
2021 | Paris, France | $527M |
| 32 |
 K
Kandou AI
Chiplet-based AI fabric solutions for scalable computing infrastructure
|
2011 | Saint-Sulpice, Switzerland | $505M |
| 33 |
 K
Ki Insurance$25M+ revenue
The first fully digital and algorithmically-driven Lloyd’s of London syndicate; instant capacity, anytime, anywhere
|
2020 | London, United Kingdom | $500M |
| 34 |
 A
Allica Bank$100M+ revenue
Digital banking services for small and medium-sized businesses
|
2011 | London, United Kingdom | $500M |
| 35 |
 P
PhysicsX$25M+ revenue
Deeptech platform accelerating hardware innovation through physics simulation
|
2019 | London, United Kingdom | $487M |
| 36 |
 M
Multiverse$100M+ revenue
AI, data and tech apprenticeships and upskilling programmes for employers and workers
|
2016 | London, United Kingdom | $484M |
| 37 |
 P
PayFit
Payfit simplifies payroll management, expense reports, as well as absences and leaves of your employees
|
2015 | Paris, France | $477M |
| 38 |
 B
Butternut Box$100M+ revenue
Delivering tailored dog meals based on variables such as breed, gender, age, and weight
|
2016 | London, United Kingdom | $476M |
| 39 |
 E
eToro$100M+ revenue
Trading network designed to provide traders with easy access to the currency, commodity, and equity markets
|
2007 | London, United Kingdom | $463M |
| 40 |
 S
Sonar$100M+ revenue
Code quality management platform
|
2008 | Vernier, Switzerland | $457M |
| 41 |
 I
ION Group$100M+ revenue
Delivers mission-critical trading and workflow automation software to financial institutions, corporations, central banks, and governments
|
1998 | London, United Kingdom | $439M |
| 42 |
 A
Aiven$100M+ revenue
Managed open source data infrastructure platform
|
2016 | Helsinki, Finland | $420M |
| 43 |
 D
DeepL$100M+ revenue
Deep learning company that develops real time AI translation systems for languages and communication
|
2009 | Cologne, Germany | $410M |
| 44 |
 T
Tide$100M+ revenue
The leading provider of UK SME business accounts and one of the fastest-growing FinTechs in the UK
|
2015 | London, United Kingdom | $408M |
| 45 |
 W
Wise$100M+ revenue
Money transfer platform
|
2011 | London, United Kingdom | $396M |
| 46 |
 H
HelloFresh$100M+ revenue
Meal kit subscription service that focuses on premium quality and ecological food
|
2011 | Berlin, Germany | $393M |
| 47 |
 F
Factorial$100M+ revenue
HR platform centralizing payroll, performance, and compliance
|
2016 | Barcelona, Spain | $369M |
| 48 |
 B
beqom
Provides an AI-powered compensation management platform designed to optimize pay equity, transparency, and performance for enterprises
|
2009 | Nyon, Switzerland | $360M |
| 49 |
 S
Saxo Bank$100M+ revenue
Multi-asset trading, investing, and market access platform
|
1992 | Hellerup, Denmark | $336M |
| 50 |
 C
Contentful$100M+ revenue
The leading content platform for digital-first business
|
2013 | Berlin, Germany | $334M |
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