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Dust raises $40m in Series B funding to expand from Paris to London. The AI-assistant startup plans to open a new office in King's Cross.

PRIVATESep 24, 2026

Amount Raised

$40 Million

Round Type

Series B

ParisSoftwareArtificial IntelligenceMachine Learning

Investors

DatadogSnowflake Ventures

Description

Dust, an AI-assistant startup founded by Gabriel Hubert in Paris in 2023, has completed a Series B funding round worth $40 million. The company is using the capital to expand internationally, opening a new office in London's Knowledge Quarter alongside DeepMind, Wayve, and Synethesia. This expansion allows Dust to access new customer bases, global markets, and investor networks in both Europe's leading AI hubs. The move reflects the company's strategy to leverage London's entrepreneurial dynamism and investor capital for next-stage growth.

Quick answer

Dust raised $40 Million in a Series B round, dated September 24, 2026. Investors: Datadog and Snowflake Ventures. Dust is based in Paris, Ile-de-France, France.

How much did Dust raise?
Dust raised $40 Million in a Series B round on September 24, 2026.
Who invested in Dust?
Datadog and Snowflake Ventures are named as investors in this round.
What does Dust do?
Dust is a French startup that focuses on building custom AI assistants connected to a company’s internal data and documents.
Where is Dust based and how big is it?
Dust is based in Paris, Ile-de-France, France. Fundz records about 170 employees.
Who are the decision-makers at Dust?
Fundz holds 2 contacts at Dust, including the Chief of Staff. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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

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

  • Guava AI Systems raised $13M (Seed) on November 6, 2026.
  • Physicl raised $10M (Seed) on November 6, 2026.
  • Beacon Software raised $50M (Series C) on November 6, 2026.
  • Cowboy raised $5M (Seed) on November 4, 2026.
  • Nums AI raised $1.5M (Pre-Seed) on November 4, 2026.
  • Shackleton AI raised $5M (Seed) on November 4, 2026.

Who to call at Dust, and when

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

  • An alert the day Dust raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Dust, from your own LinkedIn network

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Company Information

Company

Dust

Location

Paris, Ile-de-France, France

About

Dust is a French startup that focuses on building custom AI assistants connected to a company’s internal data and documents. They believe in having several AI assistants for different teams and use cases, enabling employees to work more efficiently. The company offers an API for creating custom connectors or integrating Dust assistants with other tools.

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Fundz sees it the moment Dust raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsAmbra, Chief of Staff hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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