European AI Startups Seek US Venture Capital for Faster Funding
What Happened
AI startups across Europe are turning to the United States in search of more substantial funding and expedited deal closings. Frustrated by slower European investment cycles and smaller check sizes, founders are increasingly flying to San Francisco, New York, and other US tech hubs to pitch to American venture capitalists. This migration is driven by the perception that American investors move more quickly, provide larger sums, and offer better support for scaling globally. Notable European AI companies are reportedly securing multimillion-dollar funding rounds in the US after struggling in European markets.
Why It Matters
The flow of European AI talent and capital to the US underscores ongoing challenges in Europe’s venture ecosystem. It could hinder Europe’s competitiveness in the growing global AI sector, affecting innovation and jobs locally. Read more in our AI News Hub