"Kandou AI, a Swiss semiconductor company, has raised $225 million in a Series A led by Maverick Silicon, valuing the company at $400 million. Its copper interconnect technology doubles to quadruples bandwidth while halving power consumption, positioning it as a potential alternative to optical interconnects."
"Air Street Capital has closed its third fund at $232 million, making it the largest solo GP venture fund ever raised in Europe. The firm backs AI-first companies at the earliest stages, with initial cheques ranging from $500,000 to $15 million."
"Granola, the London-based AI meeting app, has raised $125 million in a Series C led by Index Ventures, valuing the company at $1.5 billion. This funding positions Granola's meeting recordings as enterprise AI infrastructure rather than just a productivity tool."
Recent funding activities in Europe highlight a trend towards investing in infrastructure layers across diverse sectors. Kandou AI raised $225 million for its innovative copper interconnect technology, which significantly enhances bandwidth and reduces power consumption. Air Street Capital closed its third fund at $232 million, focusing on early-stage AI-first companies. Granola, an AI meeting app, secured $125 million in Series C funding, elevating its valuation to $1.5 billion and positioning its offerings as essential enterprise AI infrastructure.
Read at TNW | Insider
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