Amount$487M
Post-money valuation$2B
SeriesSeries B
AnnouncedDec 1, 2023
SectorArtificial Intelligence
RegionFrance
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Series B round (17.4× the median) — an outlier.
Syndicate size
Party round (11 investors) — diffuse ownership and signal.
Insider conviction
8 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution99th pct
smaller Series B roundslarger
Post-money valuation92th pct
$35Mthis round: $2B$2.6B
vs. Artificial Intelligence (652)
Round size in sector95th pct
$20Kthis round: $487M$75M
