InnovationStartupsVenturecapital

École Polytechnique Alumni Fund Secures €21 Million for Deep Tech Startups

The alumni venture fund of France’s prestigious École Polytechnique has secured €21 million toward backing early-stage startups with university connections. The fund targets deep tech sectors including artificial intelligence, healthcare, and energy with investments ranging from €250,000 to €2 million.

University Venture Fund Gains Momentum

Polytechnique Ventures, the alumni investment vehicle of France’s prestigious École Polytechnique engineering school, has reportedly secured €21 million toward a new fund targeting university-affiliated entrepreneurs, according to sources familiar with the matter. The fund is said to be aiming for a final close between €30 million and €40 million as it continues to attract backing from the school’s distinguished alumni network.

AIStartupsTechnology

Viven’s AI ‘Digital Twins’ Aim to Preserve Corporate Knowledge and Enhance Efficiency

A new startup, Viven, is developing AI-powered ‘digital twins’ of employees to capture institutional knowledge and assist with tasks. The technology reportedly uses communication data to create interactive personas. Founders claim it could transform how companies handle employee transitions and daily operations.

Addressing the Corporate Brain Drain

Viven, a newly launched startup from Eightfold AI cofounders Ashutosh Garg and Varun Kacholia, is tackling what sources indicate is a critical challenge for modern enterprises: the loss of institutional knowledge when employees depart. The company has reportedly developed artificial intelligence technology that creates interactive digital replicas of workers, preserving their expertise and making it accessible to colleagues.