Albatross, a Zurich, Switzerland-based AI startup, has raised $12.25 million in funding, bringing its total raised to $16 million.
Investors
The round was led by MMC Ventures, with participation from Redalpine, Daphni, strategic angels, and Carrefour via Daphni’s fund.
MMC Ventures is a prominent London-based, research-led venture capital firm managing approximately $1 billion in assets, primarily focused on high-growth, early-stage European technology companies (Seed and Series A). Since 2000, the firm has built one of Europe’s largest SaaS portfolios, concentrating on transformative sectors such as Enterprise AI, Cloud & Data Infrastructure, and Fintech.
Albatross Use of Funds
The company will use the funding to support product development, scaling its AI system, and customer acquisition, with a focus on partnerships that provide access to real user data.
About Albatross
Founded by Kevin Kahn and Matteo Ruffini alongside Johan Boissard, Albatross is a company that provides an AI-native platform for real-time discovery and search, designed to enhance user experiences on e-commerce sites and marketplaces. Its flagship products, Real Time Discovery Feed and Multimodal Search, powered by its real-time intent model, enable highly personalized search and discovery on websites and apps. Headquartered in Zug with an office in Zurich, Albatross helps platforms improve engagement and discovery without relying on historical data.
Funding Details
Company: Albatross AI AG
Raised: $12.25M
Round: Undisclosed
Funding Date: November 2025
Lead Investor: MMC Ventures
Additional Investors: Redalpine, Daphni, strategic angels, Carrefour via Daphni’s fund
Company Website: https://usealbatross.ai/
Software Category: Real-Time AI / Digital Commerce Infrastructure
Source: https://www.forbes.com/sites/charliefink/2025/11/18/albatross-raises-1225-million-to-build-the-second-pillar-of-ai/