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AI Funding

14 summarised stories about AI Funding, each linking back to the original source. Browse all topics →

Thursday, 16 July 2026

How a former DeepMind researcher raised at a $300M pre-seed valuation before launching a product

TechCrunch AI 1 hour ago

Andrew Dai, a former DeepMind researcher, founded Elorian to develop visual AI models and raised a $55 million seed round at a $300 million valuation within months of leaving Google. The company secured backing from strategic investors including Nvidia and Menlo Ventures, prioritizing investor quality and understanding of frontier AI development over maximum valuation. Elorian aims to advance visual understanding and reasoning in AI systems, an area Dai identified as having uneven progress compared to progress in mathematics, physics, and coding.

From Tesla to building humanoids: Uma cofounder on why Europe is ‘the best market in the world’

Sifted 11 hours ago

Uma, a Paris-based robotics startup, unveiled its humanoid robot work at the Machina summit in France after nine months of operating quietly. The company raised funding and has established a team of 14 people across locations in Paris, Toulouse, and Lyon, with plans to develop humanoid robots for industrial and commercial applications. Uma positions Europe as an advantageous market for robotics development due to regulatory frameworks and labor costs compared to other regions.