Number and amounts of announced funding rounds over the past 6 months*
(1) All data from crunchbase, as of December 4, 2023
AI startups take the third place for the most popular investment industry
- During November, 368 financing rounds were announced.
- The total amount invested in the announced financing rounds was $3.9bn, increasing by 35% compared to the previous month.
- Similar to previous months, most investments were made in Software companies, amounting to 84 investments. Investments in AI (48) take third place.
Top 10 industries of financed startups according to the number of conducted investments
Bpifrance is once again the most active investor
Investors with the highest number of investments in November
Number and total volume of financing rounds per stage
Largest round of November was a Series B of $500.0mn
In November, most investment rounds were Seed Rounds (~42%). Despite that, the largest volume of $1.2bn was invested in only 20 Series B Rounds. No Series D Round was conducted.
London is the European venture capital industry hotspot, while Paris takes the second spot; Heidelberg places second by volume
- The most investments in November were conducted in the UK (83), followed by France (61) and Germany (33).
- When ranking by investment volume instead of the number of conducted investments, London remains in first place ($1,112mn). However, Heidelberg ($500mn) would take second place, followed by Amsterdam ($207mn).
In the spotlight: Aleph Alpha raised $500mn in November in a Series B round
Company
Industry
Software, AI
Founded in
2019, Heidelberg (GER)
One-Sentence-Pitch
Aleph Alpha specializes in researching, developing, and implementing AI-based technologies for both public and private sectors.
Financing round
Money raised
$500mn
Type of financing round
Venture Round
Comment/Quote
Following a Seed Round of $6.4mn and a Series A Round of $27.2mn, Aleph Alpha raised a $500mn Series B Round. The company represents one of the strongest European competitors to U.S. dominance in the field of AI.
Investors
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