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Promising European Companies
And where will they list ? In the US or on a fragmented European stock market ?
Several European companies are considering or have been rumored to be preparing for an Initial Public Offering (IPO). Here are a few notable ones:
- Graphcore (UK): is a British semiconductor company that develops accelerators for AI and machine learning. Their Intelligence Processing Unit (IPU) is designed to handle the complex computations required for AI workloads. There have been discussions and rumors about Graphcore considering an IPO, although no definitive timeline has been announced.
- Onfido (UK): Onfido provides AI-based identity verification services. Their technology uses machine learning to verify identities by comparing user-submitted photos with official documents. Onfido has been mentioned as a potential candidate for an IPO, although no specific plans have been confirme
- Hugging Face (France/USA):Hugging Face is a company that develops tools for natural language processing (NLP) and provides a platform for sharing and collaborating on AI models. They are known for their open-source contributions and the popular "Transformers" library.While Hugging Face is headquartered in the USA, it has strong European roots and operations. There have been speculations about a future IPO, but no concrete details have been released.
- Celonis (Germany): Celonis specializes in process mining and execution management, using AI to analyze and optimize business processes. Their technology helps organizations improve efficiency and reduce operational costs. Celonis has been considered a strong candidate for an IPO, with reports suggesting that the company is preparing for a potential listing in the near future.
- Zaion ( France ):Thrilled to announce that 115K leads the €11m new round of Zaion ! With more than 25 million calls handled per year, Zaion is the French leader in conversational voice AI dedicated to customer relations for the banking and insurance sector.(Quote Benoit Descoqs)
AI synthetic voice startup ElevenLabs has reportedly raised $250m at a $3bn valuation, hoping to outpace competitors like OpenAI as demand for text-to-voice applications heats up. Its product and research teams are primarily based in Europe, in the UK, alongside Poland and Hungary, while its US footprint is mostly made up of sales and partnerships teams.
While ElevenLabs has not explicitly stated plans for an IPO, its rapid growth and strong investor backing make it a potential candidate for a future public listing. Many AI companies in Europe and globally are considering IPOs as a way to raise capital and scale their operations, especially as the AI sector continues to expand.
If ElevenLabs continues to grow at its current pace and demonstrates strong revenue potential, an IPO could become a viable option in the coming years. However, as of now, there is no confirmed timeline or official announcement regarding an IPO.
For the latest updates, it’s best to follow official statements from ElevenLabs or news from reliable financial and tech industry sources.
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