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📈 Poland's AI Ecosystem was on a growth curve in 2024, according to our recently launched State of AI in CEE 2024 Report. 📍January saw ElevenLabs raise €73.6M Series B, achieving unicorn status just two years after launch. 📍Polish AI companies attracted €171M this year, nearly doubling 2023's €91M. Highlights: CampusAI Polska, Nomagic, Synerise, SKY ENGINE AI, and edrone. 📍Polish VCs raised €430.43M across 9 funds in 2024, fueling higher rounds and co-investments. Learn more about Poland’s AI positions in CEE in the article below. ⬇️ #AllAIsOnCEE

📈 Poland's AI Ecosystem was on a growth curve in 2024, according to The Recursive recently launched State of AI in CEE 2024 Report, following up on the first edition last year. 📍January saw ElevenLabs (Mati Staniszewski) raise €73.6M Series B, achieving unicorn status just two years after launch. 📍Polish AI companies attracted €171M this year, nearly doubling 2023's €91M. Highlights: CampusAI Polska (Aureliusz Gorski 🧑🏻💻🤖 Gorski ), Nomagic (Kacper Nowicki), Synerise (Jaroslaw Krolewski), SKY ENGINE AI (Bartek Włodarczyk), and edrone (Michal Blak). 📍Polish VCs raised €430.43M across 9 funds in 2024, fueling higher rounds and co-investments. Learn more about Poland’s AI positions in CEE in the article below. ⬇️ #AllAIsOnCEE

France Leads Europe in GenAI Funding Surge In the bustling world of Generative AI, France emerges as the front-runner in Europe, amassing a formidable $2.29 billion in funding, a striking figure that eclipses the investments in its neighboring territories. This revelation unfolds in a comprehensive analysis by Accel and Dealroom, pinpointing the European and Israeli regions as burgeoning hubs of creativity and innovation, albeit trailing behind in funding proportions compared to their global counterparts. The narrative of London, Tel Aviv, Berlin, and Amsterdam unfolds as key players in the genesis of GenAI startups, with London leading the charge. Paris, while not topping the list in quantity, showcases its prowess through the impactful contributions and substantial financial rounds of its startups, including Mistral AI and Hugging Face, signaling a robust undercurrent of technological advancement. The landscape of startup funding reveals a stark disparity, with the UK, Israel, and Germany trailing France yet collectively fostering a vibrant ecosystem of AI innovation. This distribution of financial and intellectual capital is attributed to the foundational strength of educational institutions and the magnetic pull of tech giants, which serve as catalysts in nurturing a generation of founders. The phenomenon of "founder factories," notably in the realms of MAAMA companies (Alphabet, Apple, Amazon, Meta, and Microsoft), underscores the symbiotic relationship between big tech and startups, with a notable fraction of GenAI entrepreneurs springing from these tech behemoths. This tapestry of innovation, education, and corporate influence paints a promising yet competitive landscape for the future of Generative AI in Europe and Israel. https://lnkd.in/d_sJGYjq Platform: TechCrunch Author: Ingrid Lunden #generativeai #artificialintelligence #startups #france #genai #technologicaladvancement #fundraising #genaistartups #technology #funding #europeanstartups

Generative AI is dominating the technology narrative of 2024, showing no signs of slowing down! A recent report identifies Europe & Israel as key hubs for gen AI startups this year, with London taking the lead with 27% of the region's startups. Despite trailing the U.S. in funding, the excitement is tangible, notably with Paris-based startups securing over $2.29 billion. This funding surge reflects a growing global interest in generative AI and its vast potential across various industries. 📊 #GenerativeAI #AI #TechTrends

📈 Poland's AI Ecosystem was on a growth curve in 2024, according to our recently launched State of AI in CEE 2024 Report. 📍January saw ElevenLabs raise €73.6M Series B, achieving unicorn status just two years after launch. 📍Polish AI companies attracted €171M this year, nearly doubling 2023's €91M. Highlights: CampusAI Polska(Aureliusz Gorski 🧑🏻💻🤖), Nomagic (Kacper Nowicki, Tristan d'Orgeval), Synerise(Jaroslaw Krolewski), SKY ENGINE AI(Bartek Włodarczyk), and edrone(Michal Blak). 📍Polish VCs raised €430.43M across 9 funds in 2024, fueling higher rounds and co-investments. Learn more about Poland’s AI positions in CEE in the article below. ⬇️ #AllAIsOnCEE

The UK leads the way with the most valuable AI sector in Europe. "The UK is home to more than 1,800 VC-backed AI startups, with 20 unicorns." In the below article, there is a link which takes you through to the full report. #ai #artificialintelligence #techunicorns #investment #ukbusiness

The UK Leads Europe in Generative AI Startups! The UK is home to the most generative AI (GenAI) startups in Europe and Israel, according to a new study! 🇬🇧 This exciting field uses AI to create new text, images, and even videos. Web 3.0 UK https://lnkd.in/dUvNeGcy

New report analyses GenAI startups in Europe and Israel The report finds four recurring leaders of AI in the region, with the UK and France leading in quantity and funding of AI startups respectively.

AI Startups are Still Winning Big In Q3 2024 alone, VC investments in generative AI startups hit a massive $3.9B across 206 deals! Despite concerns around AI misuse and legal challenges, investors are showing no signs of slowing down. $2.9B of that went to US-based startups, including: 💲 Magic ($320M for coding assistance) 💲 Glean ($260M for search) 💲 Hebbia ($130M for business analytics) Global players like Moonshot AI (China) and Sakana AI (Japan) also secured funding, showing that AI innovation is a worldwide trend. VCs are betting on AI’s future despite the risks, with companies like ElevenLabs and BlackLabs poised for major rounds. As Forrester predicts, even AI skeptics might jump on board soon—60% will likely start using AI by 2026! Are we witnessing the unstoppable rise of AI, or is there more we should consider? #AI #NobodyAIsked