JobandTalent Raises €92 Million, Valuation Takes a Hit

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8 days ago

Summary

JobandTalent raises €92 million in Series F funding, with a valuation of €1.3 billion; the company's valuation has taken a hit due to market dynamics; the funding will be used to scale the business internationally and invest in AI-powered agents.

Key Points

The funding will be used to scale the business internationally and invest in AI-powered agents.
JobandTalent plans to launch further AI agents this year to cover other functions previously handled by humans.
The company's valuation has taken a hit due to market dynamics, particularly within the tech and growth-stage sectors.

Why It Matters

The valuation adjustment reflects broader market trends and may be influenced by European startup scene uncertainties. JobandTalent's AI-powered agents are designed to improve productivity and provide better opportunities for workers.

Author

Ingrid Lunden

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