Funding the AI Economy: Europe’s Window to Lead

Funding the AI Economy—a new report developed under the StepUp Startups project—shows AI has moved to the center of global VC, yet Europe still lacks late-stage scale. From 2020–2025, the EU deployed ~€252B in VC with 18% to AI, versus the US’s ~€1.33T with 34% to AI; in €25M+ rounds EU investors provide only ~26% of capital. The report outlines targeted fixes—an AI Scaleup Fund, mobilizing institutional capital, and stronger corporate VC—to keep Europe’s AI champions built and scaled at home.

Europe’s AI Talent Revolution: Growth, Gaps, and Global Competition

Europe is experiencing a surge in AI talent—but also facing fierce global competition. A newly released report, Shaping the Future of AI Talent in Europe, developed under the StepUp Startups project, explores how the continent is building, attracting, and retaining the next generation of AI professionals. Backed by new data, the study highlights Europe’s record growth in AI expertise, emerging talent hubs like Dublin and Zurich, persistent gender and mobility gaps, and the strategies needed to secure Europe’s leadership in ethical, human-centered AI.