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LVMH, led by Bernard Arnault, invested over $300M in various AI startups, including a $220M round for H and a $25M seed round for Lamini, to enhance its portfolio amidst market challenges.

LVMH, led by Bernard Arnault, invested over $300M in various AI startups, including a $220M round for H and a $25M seed round for Lamini, to enhance its portfolio amidst market challenges.

08/21/24, 9:43 AM
Money raised
$300 million
Investors
Susquehanna, Aglaé Ventures
Bernard Arnault's Aglaé Ventures has significantly invested in artificial intelligence startups with a total exceeding $300 million. Noteworthy investments include a $220 million round for H and a $25 million seed round for Lamini. These strategic funding moves are aligned with LVMH's efforts to strengthen its market position.

Company Info

Company
LVMH
Additional Info
The Arnault Family is the family of France’s richest person, Bernard Arnault, with a significant presence in the luxury goods industry through the LVMH conglomerate. The family is known for its strategic investments and diverse business portfolio.

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