
European AI Startups IVEX and Arlequin Raise Series A Rounds
Belgian automotive-safety spin-out IVEX secured €5 million, while Paris-based Arlequin AI landed €28 million to advance topological neural networks.
AfroEuropa Newsroom
AfroEuropa desk
Two European artificial intelligence startups have closed Series A rounds, according to reports from EU-Startups and Tech.eu.
IVEX, a DeepTech company based in Heverlee, Belgium, has raised €5 million to advance its engineering roadmap and grow its footprint in North America and Asia. Founded in 2018 as a spin-out from KU Leuven, IVEX builds technology for analysing, validating, testing, and safety-scoring vehicles, with an emphasis on assessing Advanced Driver Assistance Systems (ADAS). The round drew support from existing backers The Faktory and Dedicated.lu, alongside private investors.
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