The round was led co-led by U.S. venture capitalists Sequoia and Lightspeed, with participation from Nvidia, DST Global, Index, Google
and the U.K.’s Sovereign AI Fund, among others.
Ineffable Intelligence operates in the field of artificial intelligence, with a focus on developing machine learning systems that improve through interaction and experiential learning. Given the company’s current stage, European benchmarks (Q1 2026) for AI and machine learning businesses indicate valuation ranges of EV/Sales multiples of 3.76x – 4.14x, and EV/EBITDA multiples of 16.84x – 18.96x. Further information on valuation multiples in these sectors is available through the DealMatrix Platform.