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Former DeepMind cofounder startup raises record 1.1 billion seed funding in Europe
Startups
Published on 27 April 2026
Europe’s biggest seed round tops 1.1 billion
Ineffable Intelligence, co-founded by former DeepMind researcher David Silver, has raised an eye-popping $1.1 billion in seed funding—reportedly the largest seed round in Europe to date. The round drew major backing from Sequoia Capital and Lightspeed, signaling extraordinary investor confidence in next-generation AI and research-driven product ideas.
- Ineffable Intelligence raised $1.1 billion in seed funding
- Round is reportedly Europe’s largest seed investment so far
- David Silver, formerly of DeepMind, is a cofounder
- Backers include Sequoia Capital and Lightspeed
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times