Intric Raises Millions for Secure European Public AI
Swedish AI startup Intric has secured 3.8 million euros in a pre-seed funding round to expand its sovereign artificial intelligence platform. Tailored specifically for the European public sector and highly regulated industries, the platform allows organizations to build and deploy custom AI agents without compromising data security, compliance, or digital sovereignty.
Mistral Nears $14B Valuation Milestone
French AI startup Mistral AI is on the verge of securing a €2 billion funding round that would value the company at approximately €12 billion (about $14 billion) post-money, positioning it as one of Europe’s most valuable tech ventures.