This week, ten startups leveraging artificial intelligence secured a total of 52.8 million euros in funding, as reported by recent financial updates. InBolt, one of the companies, raised 11 million euros to speed up the implementation of its 3D vision and robotic guidance systems in industrial settings. These technologies are designed to improve automation and precision in manufacturing environments.
Mallow also raised 11 million euros to develop an audio game speaker that does not require a screen. The device is voice-controlled and powered by AI, specifically tailored for children. Meanwhile, Rayon secured 10 million euros to further develop its design software, aimed at architects and interior designers, to help them create more efficient and innovative designs.
Graneet raised 7 million euros to enhance its enterprise resource planning (ERP) system for small and medium-sized enterprises in the construction industry, with a focus on deploying new AI agents to streamline operations. Marble, another startup, completed a Series A funding round of 6.5 million euros to accelerate the development of its platform designed to combat fraud and money laundering.
Revalue raised 2.2 million euros to assist manufacturers in managing the maintenance, repair, and reuse of their products, promoting sustainability. Joe AI secured 2 million euros to automate customer relations for real estate professionals through its conversational AI agents. C-Clerc raised 1.2 million euros to introduce its sovereign AI software to notary offices, ensuring data security and compliance with local regulations. Edison IA completed a seed round of 1 million euros to support SMEs and mid-sized companies in implementing AI solutions operationally. AlphaYoda raised 900,000 euros to develop a platform capable of identifying controversies and assessing their financial and reputational impacts. Additionally, VoltaBack raised 2.8 million euros in the mobility sector, Vasco raised 1.7 million euros, Shadow Santé raised 1.5 million euros in the green tech sector, and Edison IA raised 1.0 million euros in the IT sector.
European AI Startups Raise Over 52 Million Euros in Recent Funding Rounds
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