Deals
French AI Firm LightOn Mulls Funding Options Including IPO
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Artificial-intelligence startup LightOn is considering raising new equity financing, including a possible initial public offering in Paris, to capitalize on booming investor interest in AI, according to people familiar with the matter.
The company could raise tens of millions of euros and is discussing the possibility of an IPO as soon as this summer, the people said, declining to be identified as the process is confidential. No decisions have been made and LightOn could still choose to raise funds privately or not do so at all, the people said.