Beyond AI: Six startup opportunities in Europe
Six sectors where European expertise, needs and regulatory changes are opening up new markets.
Read on Substack- Matching funds
- 24
- Total
- €5.4bn
- Median
- €170m
- Threshold
- From €10m
Funds
Updated 21 Oct 2026
Medtech company creation fund building startups from inception
- Sectors
- Health & Bio
- Invests in
- Europe | US
- Track
- Fund 4
- Final Close
- 28 Sept 2026
- Manager
- Sofinnova Partners
Later-stage European technology companies, spin-out of two ex-Wendel Growth partners
- Sectors
- Generalist
- Invests in
- Europe
- Track
- Emerging manager, fund 1
- First Close
- 15 Aug 2026
AI-only pre-seed and seed fund backed by AI founders
- Sectors
- AI
- Invests in
- Pan-European
- Track
- Emerging manager, fund 2
- Closed
- 22 May 2026
Venture creation and early-stage biotech fund for therapies for severe diseases
- Sectors
- Health & Bio
- Invests in
- Pan-European
- Track
- Fund 4
- Final Close
- 23 Apr 2026
- Manager
- Kurma Partners
- Public LPs
- EIF, Bpifrance
Deeptech fund built with Politecnico di Milano ecosystem
- Sectors
- Deep Tech
- Invests in
- Italy
- First Close
- 23 Mar 2026
- Manager
- 360 Capital
- Public LPs
- EIF, CDP Venture Capital
Growth impact fund for B2B companies with more than EUR10m revenue
- Sectors
- Climate & Energy, Industrial Tech, Health & Bio, Mobility
- Invests in
- Pan-European
- Track
- Fund 1
- Final Close
- 17 Mar 2026
- Public LPs
- EIF, British Business Bank, Bpifrance, SETT, COFIDES
Fund backing founders outside traditional venture networks in France
- Sectors
- Generalist
- Invests in
- France
- First Close
- 12 Mar 2026
- Manager
- daphni, Les Determines, Live for Good, HEC Paris (alliance)
Deeptech seed fund for French and European B2B founders
- Sectors
- Deep Tech, B2B Software
- Invests in
- France
- Track
- Fund 3
- Final Close
- 12 Mar 2026
- Public LPs
- Bpifrance
Early-stage fund for quantum and physics-based startups
- Sectors
- Deep Tech
- Invests in
- Global (Europe focus)
- Track
- Emerging manager, fund 2
- Closed
- 22 Feb 2026
- Public LPs
- EIF, Bpifrance
Follow-on fund scaling industrial B2B software companies created by the OSS studio
- Sectors
- B2B Software, Industrial Tech
- Invests in
- Europe | US
- First Close
- 18 Feb 2026
Growth fund for proven European B2B climate companies
- Sectors
- Climate & Energy
- Invests in
- Pan-European
- Track
- Emerging manager, fund 1
- First Close
- 4 Feb 2026
- Public LPs
- EIF, Bpifrance
IP-driven European tech from pre-seed to Series B across AI, cybersecurity, techbio and industrial innovation
- Sectors
- B2B Software, AI, Deep Tech
- Invests in
- Pan-European
- Track
- Fund 5
- First Close
- 1 Feb 2026
- Public LPs
- Bpifrance
Fund backing European science-driven deeptech founders
- Sectors
- Deep Tech
- Invests in
- Pan-European
- Track
- Emerging manager, fund 2
- Final Close
- 29 Jan 2026
European founders building internationally scalable companies, lead tickets EUR 1-15m
- Sectors
- AI, Deep Tech, Climate & Energy
- Invests in
- Europe
- Track
- Fund 5
- First Close
- 17 Nov 2025
- Manager
- XAnge (Siparex Group)
- Public LPs
- EIF, Bpifrance
Flagship early-stage biotech and medtech fund
- Sectors
- Health & Bio
- Invests in
- Europe | North America
- Track
- Fund 11
- Closed
- 17 Nov 2025
- Manager
- Sofinnova Partners
Fund for AI and energy transition founders in France and Europe
- Sectors
- AI, Climate & Energy
- Invests in
- France
- Track
- Fund 4
- First Close
- 1 Oct 2025
Sixth fund backing early-stage European AI startups
- Sectors
- AI
- Invests in
- France
- Track
- Fund 6
- Final Close
- 22 Sept 2025
Growth fund scaling European AI champions
- Sectors
- AI
- Invests in
- Pan-European
- Track
- Fund 4
- First Close
- 16 Jul 2025
Early-growth European deeptech scale-ups in foundational sectors
- Sectors
- Deep Tech, Defence & Security, AI
- Invests in
- Pan-European
- Track
- Fund 2
- First Close
- 2 Jul 2025
- Manager
- Omnes Capital
- Public LPs
- EIF, Bpifrance
Global vertical AI fund across consumer, health, fintech and energy
- Sectors
- AI, Consumer, Health & Bio, Fintech, Mobility
- Invests in
- Global (approx. 50% Europe)
- Track
- Fund 3
- Final Close
- 27 May 2025
- As reported
- USD 1bn
Growth fund for sustainable tech scale-ups from Series B to IPO
- Sectors
- Climate & Energy, AI, Defence & Security
- Invests in
- Pan-European
- Track
- Emerging manager, fund 2
- Final Close
- 2 Apr 2025
- Public LPs
- EIF, Bpifrance
Biotech accelerator creating and backing European biotechs
- Sectors
- Health & Bio
- Invests in
- Europe
- Track
- Fund 2
- Final Close
- 18 Mar 2025
- Manager
- Sofinnova Partners
Fund for startups decarbonising rail, road, air and maritime transport
- Sectors
- Mobility, Climate & Energy
- Invests in
- Global (Europe focus)
- Track
- Emerging manager, fund 1
- Final Close
- 27 Jan 2025
- Public LPs
- EIF, Bpifrance
Seed deeptech in France and Europe: materials, medtech, semiconductors, quantum, energy transition
- Sectors
- Deep Tech, Industrial Tech, Climate & Energy, Health & Bio
- Invests in
- France | Europe
- Track
- Fund 3
- Closed
- 25 Jan 2025
- Manager
- Supernova Invest
- Public LPs
- Bpifrance
Showing 12 of 24 funds
