HomeAnalysisAccel - Dealroom Report Reveals Europe and Israel's GenAI Talent Hotspots

Accel – Dealroom Report Reveals Europe and Israel’s GenAI Talent Hotspots

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Accel, a global venture capital firm, in partnership with Dealroom, has released an updated version of its Founder Factory report with fresh data on Europe and Israel’s GenAI ecosystem.

The report – Europe and Israel’s Founder Factories: GenAI Edition – shows that Europe and Israel are to produce GenAI companies, driven by talent coming from the region’s prestigious universities as well as big tech companies’ local research labs. Key findings of the report include:

  • London is the top city for GenAI company creation (27% of the companies analysed), followed by:
    • Tel Aviv (13%)
    • Berlin (12%)
    • Paris (10%)
    • Amsterdam (5%) 
  • French-founded GenAI startups have attracted the most funding ($2.29B), followed by:
    • UK – $1.15B
    • Israel – $1.04B
    • Germany – $636M
  • Big tech companies are fueling the GenAI talent flywheel
    • Founders of a quarter of European GenAI startups gained experience at either Apple, Amazon, DeepMind, Facebook, Google, or Microsoft. 
    • This increases to more than a third (38%) of founders when looking at the top 40 GenAI companies by funding levels – and 60% for the top 10. 
    • The percentage of GenAI companies where one or more founders have gained experience at the following firms / academic institutions are as follows:
    • Google – 11.3%
    • DeepMind – 5.0%
    • Facebook – 4.1%
    • Stanford University – 4.1%
    • Apple – 3.6%
    • Oxford University – 3.6%
    • McKinsey & Company – 3.6%
    • Amazon – 3.6%
    • Imperial College London – 3.2%
    • Ecole Normale Supérieure – 3.2%
    • Intel – 3.2%
  • Universities are becoming founder factories, with more than a third (38%) of GenAI companies founded by those who hold, or have held, positions at academic institutions. The percentages of GenAI companies where one or more founders has been educated at one of the following universities is:
  • University of Cambridge – 7.9%
  • École Polytechnique – 7.0%
  • Imperial College London – 7.0%
  • University College London – 6.5%
  • Tel Aviv University – 6.5%
  • Oxford University – 5.1%
  • Technion – 4.2%
  • MIT – 3.7%
  • University of Edinburgh – 3.3%
  • London School of Economics – 3.3%
  • Technische Universität Berlin – 3.3%
  • Stanford University – 3.3%
  • Copenhagen Business School – 2.8%
  • Pierre and Marie Curie University – 2.8%
  • University of Warwick – 2.8%
  • Télécom Paris – 2.8%
  • Hebrew University – 2.8%

GenAI companies analysed

List of the 221 GenAI companies founded in Europe and Israel that were analysed for this report

11x
Adaptive ML
AdCreative.ai
Affiniti AI
Agemo
Agenta AI
AgentsForce
ai|coustics
AI21
Aindo
Aiode
AISEO
Aiva Technologies
Aive
Aleph Alpha
Algomo
Altered Ltd
Amberscript
Aqemia
Arcane
Ask-AI
Atlas
Audiogen
Audiostack
AutogenAI
Beam
BeyondWords
Biomatter
Bioptimus
Bobby Chat
Boltzbit
Botika
Bria
Brighter AI
caspa AI
Certainly
Clearbox
ClipDrop
Co:Helm
CodiumAI
Cogram
Colossyan
Conjecture
Contents
Context
CopyMonkey.ai
Correcto.
Corti
Cradle
creaitor.ai
D-id.com
Darrow
DataGen Technologies
Datomize Ltd.
Deep Loop
Deepdub
Deepset
Diffblue
Digital First AI
Drafter AI
Dust
Eilla AI
Elai
ElevenLabs
Endel
Epsilico
Fermat
Fini
Finster AI
Flawless
Flowrite
genei
Getluna
Glossai
Glyphic AI
H
Haiper
Hazy
Healthsage AI
Hei.io – AI Dubbing
Helvia
Hour One AI
Hugging Face
Humanloop
Hypertype
illumex
Immersive Fox
Intellithing
jamie
Jina AI
Kaedim
Kaizan
Kapa
Kern AI
Kinetix
Kittl
Kive
Kodex AI
Lalaland
Lampi
Langfuse
Latent Labs
Layla
Let’s Enhance
Leya Law
LifeScore
LightOn
Loora
Loudly
Lychee
mana
MARK AI
Mavenoid
Mentum
Metaphysic
Mindset AI
Mindtech Global
Mistral AI
Mostly AI
Move.ai
moveo.ai
Munch
Musico
MysticAI
Nabla
Nebuly
neural.love
NeuralSpace
neuroflash
Newtone
Nuclia
Numind
nyonic
Ocoya
Omniscope
Opendialog
Orbital Materials
Orq AI
Owkin
Oxolo
PandasAI
Papercup
Parametric Solutions AB
Peech
PentoPix
Phare Health
Phospo
PhotoRoom
Phrasee
Pimento
Pinecone
PolyAI
Press
Qatalog
Qdrant
Raive
Rasa
Recraft
Reface
Reka
Reliant AI
Respeecher
RiversideFM
Robin AI
Run:AI
Runa AI
Sable Bio
Sana Labs
Scriptic
Second Nature
Seo.ai
Shai Creative Technologies
Skeep
Skippr
Sky Engine AI
Sloyd
Smoot
Sociate
Soy LuzIA
Spellscaper
Spoke.ai
Stability AI
Stellia
Supercreator.ai
SuperDuperDB
SuperNormal
Synativ
Synthesia
Synthesized
Syntheticus
Syntho
Syntonym
Text Cortex AI
The Gist
Theia Insights
Traceloop
Turing Intelligence Technology Limited
Twain
Tymely
Typetone
Typewise
UIzard
ultimate.ai
VEED.IO
Veesual
Vizologi
Voicemod
VOISEED
Weaviate
Wonder Dynamics
Wondercraft
Wordlift
Write with LAIKA
Xayn
Xoltar
Yepic.ai
yoona.ai
Zebracat AI
Zerve
Zeta Alpha
Zibra Ai