Amount of funds raised for data analytics and AI in Europe 2016, by industry

Published by
Bergur Thormundsson,
Mar 17, 2022
This statistic depicts the amount of money that was raised by scaleups for data analytics and artificial intelligence (AI) in Europe in 2016, by industry. Scaleups in the AdTech industry, which includes marketing and sales automation, raised the most funds with a total of 442 million euros in 2016. FinTech came in second with a total of 310 million euros. The third place was taken by business intelligence with a total of 181 million euros.

Amount of funds raised by scaleups* for data analytics and artificial intelligence (AI) in Europe in 2016, by industry (in million euros)

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Release date

February 2017

Region

Europe

Survey time period

2016

Special properties

only deals of one million U.S. dollars/750 thousand euros were considered

Supplementary notes

* A company in its growth phase but not in its start up phase anymore.

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Overview

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Segments: Natural Language Processing

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Companies

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Special focus: Machine learning skills

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Special focus: Security automation

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