2016 was a momentous year for the European tech startup ecosystem, with $18.58B raised in VC funding across 1600 rounds. We’ve gone over the numbers with a fine-tooth comb to bring you a list of Europe’s top ranked sectors based on investment activity. Online Retail and Online Travel emerged as Europe’s hottest technology sectors in 2016, followed by Artificial Intelligence and Alternative Lending, and Food Tech.

A ranking of Europe’s most popular tech sectors based on VC deal count in 2016.

 

How we Ranked: We ranked the sectors using a custom multi-step algorithm accounting for the deals and dollars invested basis participation from marquee investors, and other signals.

Only funding rounds greater than $1M have been included in this infograph. The chart excludes debt, post IPO and grants; horizontal sectors such as SaaS and marketplaces, and the energy sector. In the healthcare sector, only healthcare analytics and healthcare IT were included.

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