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Scaleup Europe Fund AI portfolio: 3 rounds

Rounds where Scaleup Europe Fund led or took part, newest first. Led: 2.

1. EUCLYD raises $231M Series A, Sep 15, 2026. AI infrastructure. Led by Samsung, Somerset Capital Partners, Scaleup Europe Fund, Innovation Industries. Designs low-power chip and memory systems for AI inference.
2. Mistral AI raises $3.6B Series D, Sep 8, 2026. AI models. Led by Samsung Electronics, Scaleup Europe Fund, PSG Equity. French AI lab that builds open and commercial large language models.
3. Lovable raises $400M Series C, Aug 12, 2026. AI apps. Led by Menlo Ventures. AI app builder that turns natural language prompts into working software.