🏆 Deal of the Week · CW 11/2026
AMI Labs raised USD 1.03 billion in a Seed round in March 2026, at a post-money valuation of USD 3.5 billion. The round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions. The financing marks one of the largest Seed rounds on record in the European AI sector.
AMI Labs — key deal facts
| Company | AMI Labs |
| Founded | 2026 |
| Headquarters | Paris, France |
| Amount raised | USD 1.03b |
| Valuation | USD 3.5b |
| Round | Seed |
| Investors | The funding round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital and Bezos Expeditions. |
| Sectors | AI, Machine Learning |
Who invested in AMI Labs?
The round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions. The investor syndicate spans transatlantic venture capital, specialist games and deep-tech funds, and the personal investment vehicle of Jeff Bezos, reflecting broad conviction in AMI Labs's long-horizon research agenda. The geographic and strategic diversity of the co-leads is consistent with AMI Labs's multi-site presence across Europe, North America, and Asia.
What does AMI Labs do?
AMI Labs (Advanced Machine Intelligence) is a Paris-based AI research laboratory founded in December 2025 by Turing Award laureate Yann LeCun, with Alexandre LeBrun serving as CEO. The company develops world-model systems designed to understand the physical world, maintain persistent memory, reason, plan, and operate safely—an approach LeCun has positioned as an alternative to large language models. Target application domains include industrial process control, automation, robotics, healthcare, and wearable devices. The lab operates additional offices in New York, Montreal, and Singapore, and does not expect to bring commercial products to market for approximately five years.
AMI Labs valuation & multiples
AMI Labs operates at the intersection of Artificial Intelligence and Machine Learning, developing advanced algorithms and intelligent systems designed to enable data-driven automation and predictive decision-making across a range of applications. Consistent with this positioning and the company's Seed-stage financing, relevant European artificial intelligence sector benchmarks as of Q4 2025 show valuation ranges of EV/EBITDA 20.89x–23.50x and EV/Sales 4.48x–4.78x. Further detail on valuation multiples in these sectors is available through the DealMatrix Multiples Platform.
Explore the benchmarks: Seed Machine Learning.
Frequently asked questions
How much did AMI Labs raise in its Seed?
AMI Labs raised USD 1.03 billion in its Seed round in March 2026.
What is AMI Labs's valuation?
AMI Labs was valued at USD 3.5 billion at the time of its Seed round.
Who invested in AMI Labs?
The Seed round was co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, and Bezos Expeditions.
When was AMI Labs founded and where is it based?
AMI Labs was founded in December 2025 and is headquartered in Paris, France.
Source: original announcement — read the full report.