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{{#if first_name}}Hi, {{capitalizeFirst (lower first_name)}}.{{else}}Hi.{{/if}} Venture funding to Europe-based startups last year totaled $58 billion, up only 9% year over year, Crunchbase data shows. While that’s far below the 46% year-over-year growth seen in North America, Europe showed momentum in certain areas, with AI emerging as its leading sector for startup investment for the first time, more funding to deep tech companies overall, and a late-in-the-year jump that offset the slower numbers earlier in 2025. Dive in with our 2025 European venture funding report. Plus, a new startup founded just a few months ago by top researchers from Google, Anthropic, xAI, OpenAI and Meta, among others, says it raised a $480 million seed round at a staggering $4.48 billion valuation. Here’s what we know about the company, whose funding deal clocks in as one of the largest-ever seed rounds.
While Europe’s venture investment totals did not grow significantly year over year, the region saw a shift to deep tech funding in 2025 and a more significant uptick in Q4. Startup investment has also now maintained well above pre-COVID levels for the past three years.
San Francisco-based Humans& raised nearly half a billion dollars — in a seed round, no less — to develop its AI lab, which it says aims to set “the standard for how AI supports human connection.” While not much is publicly known about the startup, a long list of top-tier investors including SV Angel, Nvidia, Jeff Bezos, GV and Felicis apparently liked what they saw, minting the 5-month-old company with a nearly $4.5 billion valuation right out of the gate.
Related Crunchbase list: Seed Funding, 2025
The IPO dam finally seems to have broken in 2025, with several companies in the fintech space either going public or filing to do so last year. Despite impressive debuts, however, shares have settled for many of the fintech companies that went public in 2025. Will that temper funding to the sector? Not necessarily, say investors we spoke to. Especially if artificial intelligence is involved.
Related Crunchbase list: Funding To Financial Services Companies
The pace of big funding rounds continued to hold up at brisk levels last week, led by a $1.4 billion financing for “robot brain” developer Skild AI. More big rounds went to startups in sectors including AI chips, brain-computer interfaces, defense tech, biotech and aerospace, among others.
See also: The Crunchbase Megadeals Board
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