欧洲和以色列的创始人工厂——GenAI版

“The European and Israeli techecosystem is a hotbed forentrepreneurial AI talent.Innovative AI startups areconsistently emerging and goingon to quickly build ambitiousteams and products that attracthuge numbers of customersand investors... ...When looking deeper at thesecompanies’ roots, we begin to seewhere the main GenAI talent hubsexist in the region and thecommon paths founders take.” Harry NelisPartner at Accel Introduction5GenAI startup hotspots across the region6GenAI funding hubs across Europe and Israel8Founder factories in the spotlight10Where Europe and Israel's GenAI founders are educated12Spotlight on the UK14Spotlight on France16Spotlight on Germany18Spotlight on Israel20Methodology22 Over the last 18 months, Generative AI (GenAI) has beenfirmly in the spotlight and its dominance of headlines andconversations shows no signs of waning. Faced with recordinvestment levels and buzz around new companies and teams,it’s easy to forget that AI has been around for decades. Around 2011, we started to see early efforts to aggregate data atscale in order to extract value from it. This led to the rapid progressin machine learning from 2014 through to 2018/19 and we’re nowin the new wave of AI, shifting from being predictive to generative.The Accel team believes the new models now being developed willunderpin a transformation as significant as the shift to cloud andmobile, and form a part of every piece of software being written. Although an emerging frontier of AI, GenAI startups are alreadyattracting record levels of investment. In 2023, GenAI startupsglobally secured more than $25B in funding and 2024 fundinglevels look set to exceed this. According to Dealroom data up until31 May, 2024, GenAI startups had raised $18.8B and this numberis expected to hit around $45B by the end of the year. While the US is the clear leader in GenAI VC funding, even whenlooking beyond the investment secured by OpenAI, Europe andIsrael’s talent pool shines through. According to Accel’s 2023Euroscape report, European talent produced 50% more AI journalpublications than the US, with a similar citation rate. Thanks to world-class universities at the forefront of AI research andbig tech companies building strong AI research presences acrossthe region, Europe and Israel are well positioned to take advantageof the rise of AI. Created in partnership with data provider Dealroom, this reportexamines Europe and Israel’s GenAI talent hotspots and howthe region’s universities and research labs are fuelling a wave ofGenAI founders. GenAI startupcreation acrossEurope and Israel Regarding the founding countries of the221 startups analyzed, almost a third (30%)were founded in the UK. Germany rankssecond place with 14% and Israel comesthird place with 13%. 1%1%MADRIDBARCELONA 221GenAI startupsanalyzed30%Founded inthe UK GenAI funding hubsacross Europe and Israel While the UK holds the top spot for GenAI companycreation, French-founded GenAI companies lead theway when it comes to funding levels. Founder factories in the spotlight With large US tech companies such asAlphabet and Meta building strong AIresearch presences across Europe andDeepMind sitting at the heart of AI sinceits founding in London more than adecade ago, the region has become ahotbed for GenAI startup creation. 25%A quarter of the companiesanalyzed have one or morefounders who have gainedwork experience at Amazon,Apple, DeepMind, Facebook,Google and Microsoft On average, founders of European and Israeli GenAIstartups have 10 years of work experienceat other firms or academic institutions prior to settingup their own GenAI company. A quarter of the 221 companies analyzedhave one or more founders who havegained work experience at Apple,Amazon, DeepMind, Facebook, Googleand Microsoft. This increases to morethan a third (38%) when looking at thetop 40 GenAI companies in terms offunding levels and 60% for the top 10GenAI companies by funding levels. 38% For the top 40 GenAIcompanies in terms of fundinglevels, this increases to 38% Percentages show thepercentages of startupsanalyzed that have oneor more founders whohave worked at each firmor academic institute(founder factory). 60%For the top 10, this increasesto 60% Where Europe and Israel’sGenAI founders are educated Universities becomefounder factories When it comes to where the founders of Europe and Israel’s GenAIstartups were educated, UK universities dominate the rankings. 38% 55% 80% GenAI companies thathave at least one founderwho holds or hasheld a position atacademic institutions Founders within thetop 50 most well-fundedGenAI companies whohold or have heldacademic positions Founders within thetop 10 most well-fundedGenAI companies whohold or have heldacademic positions With many of Europe and Israel’s universities at theforefront of AI research, it is perhaps unsurprisingthat more than a third (38%) of companies haveat least one founder who holds or has held aposition at academic instit