Total technology industry artificial intelligence venture financing deals worth $241.4m were announced in Europe in January 2021, led by $47m venture financing of Oxbotica, according to GlobalData’s deals database.

  • Embed this chart

    Embed this chart into your website

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

The value marked a decrease of 46.4% over the previous month of $450.71m and a rise of 7.2% when compared with the last 12-month average of $225.15m.

Europe held a 7.79% share of the global technology industry artificial intelligence venture financing deal value that totalled $3.1bn in January 2021. With a 3.47% share and deals worth $107.53m, France was the top country in Europe’s artificial intelligence venture financing deal value across technology industry.

In terms of artificial intelligence venture financing deal activity, Europe recorded 41 deals during January 2021, marking a decrease of 12.77% over the previous month and a drop of 2.38% over the 12-month average. The UK recorded ten deals during the month.

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.

Europe technology industry artificial intelligence venture financing deals in January 2021: Top deals

The top five technology industry artificial intelligence venture financing deals accounted for 64.6% of the overall value during January 2021.

The combined value of the top five technology artificial intelligence venture financing deals stood at $155.82m, against the overall value of $241.4m recorded for the month.

The top five technology industry artificial intelligence venture financing deals of January 2021 tracked by GlobalData were:

1) BP Ventures, Business Growth Fund, Doxa Partners, Halma, HostPlus, IP Group, Palo Alto Venture Partners and Tencent Holdings’ $47m venture financing of Oxbotica

2) The $43m venture financing of iziwork by BPI France and Cathay Innovation Fund

3) Alven Capital Partners, Kerala Ventures and Singular Ventures’ $42.42m venture financing of Georges Tech

4) The $13.4m venture financing of SZyfra by VEB Ventures

5) 24 Haymarket, Figure Eight Investments, Guy Hands and Smedvig Capital’ venture financing of Prosapient for $10m.