List of Deep Tech Unicorns in Europe in 2025 & overview of sectors receiving VC funding

List of Deep Tech Unicorns in Europe in 2025 & overview of sectors receiving VC funding - Portugal Business News

Tech news Europe – VC investment in Europe’s Tech sector goes mainly towards Deep Tech that accounts for one-third of all VC investment. Here is the list of Deep Tech Unicorns in Europe in 2025 and an overview of the European Deep Tech companies and sectors that received VC funding in 2024, according to Dealroom:

Europe’s Deep Tech sector received investments reaching 15 billion euros in 2024, going down by only -28% and thus keeping momentum compared to investment into regular tech that fell by -60% between 2021 and 2024.  

Here is the list of Deep Tech Unicorns in Europe in 2025:

1 – BioNTech, Mainz, founded in 2008, Techbio sector, valued at $12.5bn, Public

2 - Mistral AI, Paris, founded in 2023, Novel AI sector, valued at $6.4bn, Series B

3 – Darktrace, Cambridge, founded in 2013, Cybersecurity sector, valued at $5.8bn, Public

4 – Quantinuum, Cambridge, founded in 2021, Future of Compute sector, valued at $5.3bn, Late Stage

5 – Wayve, London, founded in 2017, Novel AI sector, valued at $3.0bn, Series C

6 – Helsing, Munich, founded in 2021, Resilience sector, valued at $2.0-3.0bn, Series C

7 – DeepL, Cologne, founded in 2009, Novel AI sector, valued at $2.0bn, Series C

8 – Exotec, Croix, founded in 2015, Robotics sector, valued at $2.0bn, Series D

9 – Climeworks, Zurich, founded in 2009, Energy sector, valued at $1.9bn, Series F

10 - Neko Health, Stockholm, founded in 2018, Health sector, valued at $1.8bn, Series B

11 – Newcleo, Paris, founded in 2021, Novel Energy sector, valued at $1.7bn, Series A

12 - CRISPR Therapeutics, Basel, founded in 2013, Techbio sector, valued at $1.6bn, Public

13 - Oxford Nanopore Technologies, Oxford, founded in 2005, Techbio sector, valued at $1.3bn, Public

14 - Loft Orbital, Toulouse & San Francisco, founded in 2019, Space Tech sector, valued at $1.1bn, Series C

15 – Celestia, Vaduz, founded in 2019, Future of Compute sector, valued at $1.0bn, Series C

16 – Owkin, Paris, founded in 2016, CompBio sector, valued at $1.0bn, Series B

Here is the list of European Deep Tech sectors & companies that received VC funding in 2024:

1 – NOVEL AI Deep Tech sector

$3.0 billion were invested in NOVEL AI Deep Tech in 2024, that represents an increase of +113%.

NOVEL AI Deep Tech includes Autonomous driving with Wave: $1.1bn

Foundational models include: Mistral with $500m Series B, Poolside, and DeepL with $300m; with LLMs making up the majority of AI funding.

2 – FUTURE OF COMPUTE Deep Tech sector

$1.2 billion were invested in FUTURE OF COMPUTE Deep Tech in 2024, that represents a decrease of -4%.

FUTURE OF COMPUTE Deep Tech include: Quantum Quantinuum with $300m and Riverlane with $60m Series C - AI Inference Axelera AI with $68m Series B - and Photonics.

3 – NOVEL ENERGY Deep Tech sector

$1.1 billion were invested in NOVEL ENERGY Deep Tech in 2024, that represents an increase of +75%.

NOVEL ENERGY Deep Tech include: Hydrogen Sunfire with 215m - Nuclear Fission & SMRs NewCleo with 135m Series A - Nuclear Fusion Tokamak Energy with 125m and Marvel Fusion with 62.8m Series B.

4 – SPACE TECH Deep Tech sector

$1.0 billion were invested in SPACE TECH Deep Tech in 2024, that represents an increase of +20%.

SPACE TECH Deep Tech include: In-space transportation Exploration Company with $160m Series B, and D-Orbit $50m Series C - Earth observation IceEye with $125m Series C - Launch vehicles Isar Aerospace with $220m full Series C.

5 – RESILIENCE Deep Tech sector

$653 million were invested in RESILIENCE Deep Tech in 2024, that represents an increase of +74%.

RESILIENCE Deep Tech include: AI capabilities for defence Helsing with $450m Series C - Drones Tekever with $74m Series B, and Stark Industries with $15m - Other unmanned ground and sea vehicles Maritime Robotics with $12m, and ARX with 9m.

6 – COMPBIO & CHEMISTRY Deep Tech sector

$500 million were invested in COMPBIO & CHEMISTRY Deep Tech in 2024, that represents an increase of +59%.

COMPBIO & CHEMISTRY Deep Tech include AI for drug development and molecule design Cradle with $73m Series B, Basecamp Research with $60m Series B, with accolades such as the Nobel Prize for DeepMind’s AlphaFold and David Baker’s work underscoring potential.

7 – ROBOTICS Deep Tech sector

$700 million were invested in ROBOTICS Deep Tech in 2024, that represents an increase of +14%.

ROBOTICS Deep Tech include: Humanoids with 1X $100m Series B - Quadrupeds Anybotics with $60m - Warehouse robotics Dexory with $56m.

Top 10 countries in Europe by Deep Tech VC funding in 2024:

1 – UK received Deep Tech investment amounting to $4.2 billion

2 – France received Deep Tech investment amounting to $3.0 billion

3 – Germany received Deep Tech investment amounting to $2.7 billion

4 – Sweden received Deep Tech investment amounting to $1.0 billion

5 – Netherlands received Deep Tech investment amounting to $1.0 billion

6 – Switzerland received Deep Tech investment amounting to $0.5 billion

7 – Finland received Deep Tech investment amounting to $0.5 billion

8 – Spain received Deep Tech investment amounting to $0.3 billion

9 – Norway received Deep Tech investment amounting to $0.3 billion

10 – Italy received Deep Tech investment amounting to $0.3 billion

Here are the Top 3 Deep Tech hubs in Europe in 2025:

1 – London

2 – Paris

3 – Munich

Here are the stages & sources of Deep Tech investment in Europe:

While the stages of Deep Tech investment in Europe include early-stage funding, 50% of growth capital comes from investors outside Europe.

Here are the Deep Tech exits in Europe in 2024:

Deep Tech exits in Europe in 2024 include Mergers & Acquisitions that reached $12.2 billion. The two largest Deep Tech exits from Europe are Darktrace and Exscientia, that became publicly listed firms acquired by US companies.