Fundz

Milan’s Domyn raises over $1bn in a debt financing round, making it Europe’s largest AI round. This structure allows the company to buy hardware for its supercomputer, Colosseum.

Aug 20, 2026

Amount Raised

$1 Billion

Round Type

Debt Financing

MilanSoftwareArtificial IntelligenceMachine Learning

Description

Domyn has raised more than $1bn, with about 10% in equity and 90% in debt, marking one of the largest financings for a European AI company. The funds will primarily support the development of the Colosseum supercomputer. Founded in Milan in 2016, Domyn aims to enable regulated industries to adopt AI and own their models. Customers have access to codebases for pre-training on their own data.

Quick answer

Domyn raised $1 Billion in a Debt Financing round, dated August 20, 2026. Domyn is based in Milan, Lombardy, Italy.

How much did Domyn raise?
Domyn raised $1 Billion in a Debt Financing round on August 20, 2026.
What does Domyn do?
Domyn, founded in 2016 as iGenius and rebranded last year, is a Milan-based company focused on building supercomputers for regulated industries.
Where is Domyn based and how big is it?
Domyn is based in Milan, Lombardy, Italy. Fundz records about 200 employees.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Domyn that raised within 45 days of this round, from Fundz verified event records.

  • Extend Robotics raised $3.3M (Seed) on October 3, 2026.
  • S innovations raised $2.3M (Pre-Series A) on October 2, 2026.
  • Bodhium Labs raised $3.5M (Pre-Seed) on October 2, 2026.
  • Satlyt raised $8M (Seed) on October 1, 2026.
  • enso raised $15M (Series A) on October 1, 2026.
  • Larridin raised $17M (Seed) on October 1, 2026.

Who to call at Domyn, and when

A new round usually means Domyn is about to hire and buy. The teams that reach out first get the meeting.

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  • Who you already know at Domyn, from your own LinkedIn network

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Company Information

Company

Domyn

Location

Milan, Lombardy, Italy

About

Domyn, founded in 2016 as iGenius and rebranded last year, is a Milan-based company focused on building supercomputers for regulated industries. Its flagship product, Colosseum, is purpose-built for AI models exceeding a trillion parameters. Domyn provides access to AI technology, allowing customers to own their models and train them on proprietary data. The company aims to achieve €1bn in revenue within three years, targeting banks, insurers, and government entities.

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Domyn raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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