Dust Secures $16 Million in Funding

by Kay Aloha Villamor in July 4th, 2024

Dust, a Paris, France-based startup building custom AI assistants to speed up work, has secured $16 million in funding. 


The round was led by Sequoia Capital, with participation from investors like XYZ, GG1, Connect Ventures, Seedcamp, and Motier Ventures. 

Sequoia Capital is a venture capital firm based in Menlo Park, California. They helps daring founders build legendary companies from idea to IPO and beyond. The firm specializes in seed-stage, early-stage, and growth-stage investments in private companies across technology sectors. 

About Dust 

Founded in February 2023, Dust develops custom AI assistants designed to enhance productivity and streamline workflows across various professional domains. Their platform allows teams to design and deploy specialized AI assistants that integrate deeply with a company’s knowledge and processes. Dust leverages leading AI models from Anthropic, Google, OpenAI, and Mistral to create practical tools tailored to specific tasks required by recruiters, engineers, sales teams, and sales operations. 

Funding Details          

Company: Dust

Raised: $16.0M                                  

Round: Unknown      

Funding Month: June 2024                                                                                                          

Lead Investors: Sequoia Capital  

Additional Investors: XYZ, GG1, Connect Ventures, Seedcamp, Motier Ventures  

Company Website: https://dust.tt/   

Software Category: AI Assistants  

Source:  https://siliconcanals.com/ai-assistants-platform-dust-secures-e14-9m/ 

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