Europe’s technology industry saw a drop of 38.10% in artificial intelligence deal activity during November 2021, when compared with the last 12-month average, led by ACE &SA, EQT Ventures Fund, Octopus Ventures and SoftBank Vision Fund 2’s $75m venture financing of Permutive, according to GlobalData’s deals database.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

 

A total of 39 technology industry artificial intelligence deals worth $285.8m were announced for the region in November 2021, against the 12-month average of 63 deals.

Of all the deal types, venture financing saw most activity in November 2021 with 31 transactions, representing a 79.5% share for the region.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In second place was M&A with seven deals, followed by private equity deals with one transactions, respectively capturing an 18% and 2.6% share of the overall artificial intelligence deal activity for the month.

In terms of value of artificial intelligence deals, venture financing was the leading category in Europe’s technology industry with $215.27m, while M&A and private equity deals totalled $68.45m and $2.03m, respectively.

Europe technology industry artificial intelligence deals in November 2021: Top deals

The top five technology artificial intelligence deals accounted for 65.6% of the overall value during November 2021.

The combined value of the top five technology artificial intelligence deals stood at $187.45m, against the overall value of $285.8m recorded for the month.

The top five technology industry artificial intelligence deals of November 2021 tracked by GlobalData were:

1) ACE &SA,EQT Ventures Fund,Octopus Ventures and SoftBank Vision Fund 2 $75m venture financing deal with Permutive

2) The $55m acquisition of video intelligence by Outbrain

3) Canaan Partners,GGV Capital,Mango Capital,SAP.io Fund and Yunqi Partners $30m venture financing deal with Jina AI

4) The $14m venture financing of Minoro(Kneele.ai) by Episode 1 Ventures,Octopus Ventures and Superseed Ventures

5) Insig AI $13.45m acquisition deal with FDB Systems