News linked to both this project and an event.
According to EU-Startups, Zurich-based physical AI startup Enact Intelligence stepped out of stealth mode on October 22, announcing a €26.68 million (approximately $30 million) Pre-Seed funding round, making it one of the largest Pre-Seed financings in Europe to date. This round received investment from redalpine, Notion Capital, and firstminute capital. Angel investors included Mistral founder Arthur Mensch, AMI Labs founder and former Meta Chief AI Scientist Yann LeCun, and Path Robotics founder Andrew Lonsberry. Enact was founded in March 2026, with Founder and CEO Manuel Yves Galliker previously serving as the head of the software team for 1X's humanoid robot NEO and working at the robotics laboratory Physical Intelligence.
Odaily Odaily News: AIX Ventures co-founder Shaun Johnson has announced the launch of the AI fund 224 Ventures, which currently manages approximately $100 million in assets and plans to invest $1 million to $5 million in AI-native teams. The fund's investment focus covers AI applications, robotics, infrastructure, and core intelligence. The fund has 244 LPs, most of whom come from the AI industry, including researchers, product and engineering leaders, and enterprise AI and data executives. Former Meta Chief AI Scientist and Turing Award winner Yann LeCun, along with former Google DeepMind researcher Oriol Vinyals, have also announced they will join to co-lead the fund.LeCun also currently serves as Executive Chairman of AI startup AMI Labs, a company focused on "World Models" technology, which has completed over $1 billion in seed funding. (Bloomberg)