Hype around AI agents has continued to gather pace in 2025.
As of this month, Sifted data shows startups in the sector had already raised €2.4bn across 193 rounds, outpacing the €2bn picked up across 106 rounds throughout the whole of 2024.
Some of the buzziest rounds this year include Swedish vibe coding platform Lovable’s $200m round, which made it Europe’s newest AI unicorn, and a bidding war which saw VCs fighting for a stake in workflow automation platform N8n.
But which of Europe’s AI agent startups will be the next to hit a valuation of $1bn or more? Sifted took a look at 10 of the most promising startups riding the next wave of hype around this fast-moving technology. The below list is based on Dealroom data and media reports.
1/ Legora
HQ: Stockholm, Sweden
Launch: 2023
Estimated valuation: $675m
Legora (previously Leya) was founded two years ago by CEO Max Junestrand and CTO Sigge Labor. It employs 100 people across offices in Stockholm, London and New York. The company has raised investment from seasoned tech investors like General Catalyst, Benchmark and Y Combinator.
Legora CEO Max Junestrand will be speaking at Sifted Summit on October 9. Find out more here.
2/ PolyAI
HQ: London, UK
Launch: 2017
Estimated valuation: $500m
PolyAI builds conversational voice agents that sound human and are capable of handling customer service calls in close to 50 languages. Investors include Hedosophia, Khosla Ventures, Point72 Ventures and Nvidia’s NVentures.
3/ Sana Labs
HQ: Stockholm, Sweden
Launch: 2016
Estimated valuation: $500m
This Swedish startup uses AI to personalise online training for professionals. It shipped its first AI agent in early 2023, which can carry out complex tasks on behalf of the user across different apps and databases.
Cofounder Joel Hellermark previously told Sifted Sana’s agentic AI was “like ChatGPT for your company’s knowledge and data”.
4/ N8n
HQ: Berlin, Germany
Launch: 2019
Estimated valuation: $330m (reportedly now $2.3bn)
German AI startup N8n is a workflow automation platform which helps enterprises connect apps and deploy AI agents. While reports suggest a recent funding round crowned N8n the continent’s latest unicorn, details of the raise — said to have been led by Accel — are yet to be officially announced.
5/ Speechmatics
HQ: Cambridge, UK
Launch: 2009
Estimated valuation: $248m-372m
Cambridge-based Speechmatics offers enterprise APIs for speech-to-text and its own line of “AI voice agents”, which the company promises can deliver real-time translation and be deployed via the cloud and on-device.
6/ Taktile
HQ: Berlin, Germany
Launch: 2020
Estimated valuation: $216m-324m
Taktile enables automated decision-making for fintechs and insurers, helping them underwrite and price policies with transparency. In March, the Berlin-based startup raised a $21.3m Series B led by Balderton, building on earlier funding from Index Ventures, Tiger Global and Prosus.
7/ Fetch.ai
HQ: Cambridge, UK
Launch: 2017
Estimated valuation: $250m
Fetch.ai operates a marketplace for businesses to sell AI agent services, alongside building its own agents. Founded in 2017, the company raised a $40m round from Singapore-based DWF Labs in June 2024.
8/ CausaLens
HQ: London, UK
Launch: 2017
Estimated valuation: $180m-270m
London-based CausaLens offers agents billed as “AI data scientists” capable of automating and enhancing data science workflows, and helping researchers infer causation between different factors, rather than just correlation. The company has been backed by investors such as Molten Ventures, IQ Capital and GP Bullhound.
9/ Veesion
HQ: Paris, France
Launch: 2018
Estimated valuation: $167m-251m
Veesion’s software watches security camera feeds to detect shoplifting in real time. Unlike similar services, which often rely on facial recognition, Veesion analyses suspicious gestures. The Paris-based startup closed a €53m round in May, with White Star Capital, Red River West and Bpifrance among the company’s backers.
10/ GetWhy
HQ: Copenhagen, Denmark
Launch: 2018
Estimated valuation: $174m
GetWhy is an AI-powered market research platform which enables customers to extract insights from video-based interviews. The company’s newly-developed AI agent can be used to build market study templates. Clients include McDonald’s, L’Oréal and Nike.
Read the orginal article: https://sifted.eu/articles/ai-agents-unicorns-soonicorns-europe/
