Former DeepMind researcher’s startup bags $1.1 billion in seed funding

UK-based Ineffable Intelligence, founded by former DeepMind researcher David Silver, has raised $1.1 billion in a seed funding round led by US venture capital firms Sequoia Capital and Lightspeed, with backing from the British government.

The round – ‌Europe’s ⁠largest seed ⁠financing to date – included participation from Nvidia and Google , ​and values Ineffable at $5.1 billion, the company said on Monday.