Dust

AI platform Dust has secured a $40 million funding round led by Sequoia Capital and Abstract to fuel its international expansion.

Summary of transaction details:

• Value: $40 million
• Sector: DeepTech & AI
• Advisor: None
• Key Entities: Dust, Sequoia Capital, Abstract
• Location: Paris, France (Headquarters) and London, UK (Expansion)

Note: Founded by former OpenAI and Stripe engineers, Dust provides specialized digital agents and custom AI assistants. The funding is being used to scale its operations in the UK, targeting top fintechs from its newly established office in London's Knowledge Quarter.