Artificial intelligence is a key element in responding to the growing challenges of the 21st century. With a number of applications in big data, computer vision, natural language processing, and more, AI is revolutionizing businesses, industries, and people's lives. Considered to become one of the main contributors to economic growth and international competitiveness in the upcoming decades, AI innovation is mainly driven by startups – the breeding ground for new technologies. Though it's hard to narrow the list down to just 5 candidates, we compiled some of the most successful European startups and scaleups that entered the market within the last few years and have been using AI for good. These teams are addressing enormous challenges and making life better in different sectors, such as health, energy, financial services, manufacturing, mobility and more.