European artificial intelligence startups raised €8 billion in venture capital funding during 2024, accounting for 20% of all VC investments in the region. According to a report published by Galion.exe, Revaia, and Chausson Partners, as reported by Romain Dillet for TechCrunch, the UK leads European AI investments, followed by France and Germany. The majority of funding went to early-stage companies, with 70% of capital raised in seed to Series B rounds. US venture capital firms provided approximately half of the investments in later-stage rounds (Series C and beyond). The report highlights particular strength in health tech and climate technology applications, especially in France, where over 750 AI startups have created 35,000 jobs.