EquiLibre raises undisclosed Series A at $500M valuation, led by Creandum
What's the deal? EquiLibre TechnologiesDealroom has a profile for this one. Try Dealroom → has raised an undisclosed-sum Series A led by Swedish venture firm Creandum, valuing the Prague-based AI lab at $500 million. Creandum vice president Cameron Sellers said it was the largest single investment the firm has ever made in one go into a company.
EquiLibre was founded by three former DeepMind researchers — CEO Martin SchmidDealroom has a profile for this one. Try Dealroom →, CTO Rudolf KadlecDealroom has a profile for this one. Try Dealroom → and CSO Matej MoravcikDealroom has a profile for this one. Try Dealroom → — who built DeepStack, the first AI to beat pros at no-limit poker. The startup applies the same reinforcement-learning approach to trading, with algorithms that (in partnership with quant firm Tower Research CapitalDealroom has a profile for this one. Try Dealroom →) have traded billions in daily volume across the S&P 500 and Nasdaq.
The deal puts EquiLibre among Creandum's growing roster of European bets, alongside Spotify, Klarna, and AI coding startup Lovable.
Why it matters: Frontier AI from DeepMind alumni is an area of hot pursuit by VCs. EquiLibre defines itself as "a lab first, not a finance firm," and next plans to scale its compute infrastructure, bringing online what it expects will be one of the largest compute clusters in Central and Eastern Europe.
The signal: Investors are writing big cheques for European AI startups commanding premium prices. EquiLibre's $500M Series A valuation is a sharp jump from the $140M valuation on its $10M seed round led by Blossom Capital — though it faces well-resourced incumbents like Jane StreetDealroom has a profile for this one. Try Dealroom →, which already deploys reinforcement learning across tens of thousands of GPUs.
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