The EU attracted 6% of global investment in AI start-ups in early 2024.
Industry & EmploymentEuropean Union
- Omissions
- The claim specifies 'early 2024' but the closest available data points are for full-year 2024 or 2025, not specifically for Q1 or H1 2024.
- The distinction between 'EU' and 'Europe' is critical: in full-year 2024, European AI startups (including the UK) captured 12% of global AI VC funding, double the 6% figure. The UK is a major AI investment hub, and excluding it significantly reduces the European share. The MEP correctly said 'EU' rather than 'Europe', but the broader European context is relevant.
- No primary source (e.g., Dealroom.co direct report, Eurostat, OECD) was found to confirm the exact 6% figure for early 2024. The corroborating sources are secondary and reference either 2025 data or an unspecified period.
- Sources
- SecondaryStrandConsultAccording to Dealroom.co, the 27-member EU states account for just 6% of total venture investment made in AI in 2025.
- SecondaryTechTourIn 2024, European AI startups raised $12.8 billion, capturing 12% of total AI VC funding. The United Kingdom and France led the charge.
- SecondaryFintechWeeklyCompared to the U.S., where AI startups receive 61% of global funding, European firms attract just 6%.