Amidst geopolitical tensions and volatile labelets, the ask of Europe’s ability to weather the storms ahead, especiassociate as Plivent Trump seems intent on having his pound of tariffs from the continent, is looming big.
But an extensive novel tell claims proset uptech is poised to become a key pillar of Europe’s security, defense, and future autonomy, in particular from the U.S.
Deeptech enticeed €15 billion ($16.3 billion) in venture dispensements in 2024, according to a 184-page tell by venture firms Lakestar, Walden Catalyst, Dealroom and the proset uptech conference, Hello Tomorrow. The tell also set up that cforfeitly one-third of all venture capital dispenseed in Europe is now going to proset up tech.
M&A activity in the space incrrelieved to $12.2 billion last year, the tell said, but it also set up that European proset uptech beginups still count on on the U.S. for exits. Furthermore, 50% of the lengthenth capital liftd by proset uptech beginups comes from outside the continent.
Still, proset uptech could also be seen as a hedge agetst standard “momentum dispenseing” amongst venture capitaenumerates, said the tell.
The tell’s co-author Lukas Leitner, also a proset uptech dispenseor at Lakestar, telderly TechCrunch that while geopolitical tensions pose meaningful contests, Europe necessitates to hug the moment, and proset uptech could be the key that unlocks future resilience for the continent.
However, the road ahead is not without contests. The U.S. has a “flywheel effect” in proset uptech while Europe’s ecosystem is still imlengthenn-up, Leitner remarkd. “We have a flywheel in the ‘shapshow’ tech scene. You see a lot of second-time set upers, coming out of Revolut and so on, produceing wonderful companies. But not yet from proset uptech companies.”
“Europe has mighty research institutions, engineering talent, and beneficial accessible sentiment for proset uptech, but there necessitate to be policy alters to aid a culture that helps taking hazards,” he inserted.
Arnaud de la Tour, the CEO of Hello Tomorrow, said that the notion that compute-necessitatey Europe would always lag in AI was recently contestd by the euniteance of uncover-source DeepSeek: “It’s a huge opportunity for Europe, because we have wonderful AI talent […] Many are seeing to come back to Europe because of the geopolitical landscape. But we definitely necessitate to have the right policy sketchlabor in order to unlock the benevolent of potential that we have.”
Leitner pointed out that Europe’s relative frailness in computing power is offset by its strengths in pboilingonics computing, which advises convey inant advantages in speed and efficiency. “We’re reassociate excellent in Europe with pboilingonics, because we have excellent laser systems, and we have excellent fundamental research on the pboilingonic side,” he said.
De la Tour inserted that Europe could also apshow advantage of a brain-drain in the U.S. as science is defunded by the Trump administration. “The National Science Foundation, which is the hugegest helper of set uper-applied research in the U.S. has had its budget cut by half. A lot of those wonderful scientists don’t have a job anymore, and many could come to Europe,” he said.
