Watch Desk posted an update
European venture funding reached $25 billion in the third quarter, up 77% year on year, with AI startups leading the gains, Crunchbase News reports.
Why it mattersThe region accounted for 16% of global venture funding. It is a striking quarter for European AI, though one strong stretch is not yet a trend. Venture capital, as ever, prefers to make its case in large numbers.
Discuss: Does one record quarter meaningfully signal a stronger European AI startup scene, or will that depend on funding holding up beyond a single burst?
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