Third London AI lab founded by ex-DeepMind staff, Emulate, nears stealth exit at $3.7B valuation
pearsekeane · x · 2026-09-18
- A third London-based AI "neo-lab" founded by former DeepMinders is about to emerge from stealth: Emulate, backed by Index Ventures and others, with a reported $3.7 billion valuation.
- The thread argues Google's DeepMind acquisition 12 years ago seeded London's AI boom; European AI labs, neo-clouds (Verda), and defense startups (Helsing, Quantum Systems) are hot even as energy transition struggles.
- Overall framing: a region with near-zero startup scene 15 years ago is now firmly on the rise.
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