Topic: #venture
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Arrakis Technologies raises $38M for agentic AI in industrial sectors
Seven-month-old startup Arrakis has raised $38 million in venture funding to bring agentic AI to aerospace, energy, logistics, and manufacturing. The round values the London-Paris company at $140 million post-money, with backing from Accel, Blossom Capital, and notable individuals including OpenAI's Olivier Godement.