Funding announcements from Comand AI or financial news outlets

Comand AI Raises €8.5 Million Led by Eurazeo to Develop Prevail Software for French Army

Dec 16, 2024, 10:55 AM

Comand AI, a French startup focused on military artificial intelligence, has raised €8.5 million in funding led by Eurazeo. The company aims to develop its Prevail software suite, which is currently in testing with the French army. Loïc Mougeolle, the CEO and co-founder of Comand AI, emphasized the need for excellence in the European industrial base for software to meet defense requirements. The startup is positioning itself as a competitor to the established giant Palantir. In the context of increasing cyberattacks, there is a growing interest in how AI can enhance defense capabilities, particularly among French tech startups. This trend reflects a broader concern over cybersecurity measures that companies must implement to protect against these threats.