Arrakis Comes out of Stealth With $38M to Help Industrial Enterprises Compete in the AI Era
22.7.2026 15:56:00 CEST | Business Wire | Press Release
Arrakis, the AI deployment company helping industrial companies install AI agents for mission-critical operations, today announced a $30 million Series A led by Blossom Capital, with participation from existing investor Accel, which also led the company's $7.5 million seed round.
The round brings total funding to around $38 million and includes backing from prominent technology leaders, including Olivier Pomel, founder and chief executive of Datadog, Olivier Godement, OpenAI’s Head of business products and Junaid Hussein, founder of Cambridge Aerospace.
Founded in January 2026 by former Accel investor Rafael Quintanilla, together with co-founders Haroun Beltaifa, Romain Fouilland and Mikhail Galkov - alumni of Palantir, DeliveryHero, Revolut, Datadog and ASML - Arrakis helps industrial companies deploy AI into core operational workflows across aerospace, energy, logistics, manufacturing, construction and telecommunications markets.
Across the US and Europe, governments and businesses are investing heavily in domestic industrial capacity, supply chain resilience and economic competitiveness. Yet many of the organisations responsible for delivering that growth still rely on decades-old software, fragmented systems, and manual workflows. Arrakis helps these companies harness their operational data and operate at AI-era productivity levels by building AI agents that execute mission-critical operations, delivering measurable impact within weeks.
Arrakis combines elite forward-deployed AI engineers with a model-agnostic enterprise AI platform and applied AI research tuned to industrial operations, letting companies leverage their data to train, deploy, and scale custom AI agents in weeks, not quarters. The result is an AI transformation executed at warp speed, using the right model for the right task, and giving companies full control over performance, resilience and cost. Arrakis operates to the strictest data and security standards: customer data and IP remain theirs, and the company never uses them for third-party model training. Rather than replacing existing technology stacks, Arrakis deploys AI agents into existing systems, improving operational throughput without multi-year migrations. The company ties a significant proportion of its fees directly to customer outcomes, aligning its commercial model with the value delivered.
Built in Europe and designed for global use, the platform gives industrial companies a secure, high-performance foundation for adopting AI at scale without compromising on control or competitiveness.
As AI becomes embedded in critical operations, Arrakis believes organisations will increasingly want to retain ownership of their data, operational knowledge and intellectual property, rather than becoming dependent on a single model provider. Its platform gives customers the flexibility to adopt the best models available as technology evolves, while maintaining control over performance, cost and security.
Within six months of launch, Arrakis has secured enterprise customers, including NYSE-listed enterprises across the energy, logistics, and industrial sectors. Arrakis customers are seeing measurable returns within weeks, including reducing procurement cycle times by 90% and real-time visibility into previously manual operational and financial processes.
Rafael Quintanilla, co-founder and CEO of Arrakis, said: “The West is under growing pressure to reindustrialise, but that renaissance won't be powered by net new companies alone. It requires equipping our industrial champions with the tools to harness their data, navigate the AI transition and compete on a global stage. That's exactly why we founded Arrakis. Most AI investment to date has targeted the 30% of workers behind a desk. The real ROI lies in the 70% running industrial operations. We're building from Europe for the world, with the ambition to build the Operating System our industrial champions need to win.”
Ophelia Brown, Managing Partner, Blossom Capital, said: “Rafael and the Arrakis team have an exceptional combination of technical depth, operational expertise and commercial ambition. While many companies are focused on AI applications at the edge of the enterprise, Arrakis is tackling some of the most complex operational challenges facing large industrial organisations. Their early traction demonstrates both the scale of the opportunity and the demand for solutions that deliver measurable outcomes.”
Sonali De Rycker, Partner, Accel, said: “Rafael's vision of how AI will transform the physical economy and his deep understanding of the challenges industrial companies face means he and the team are building a transformative company. In a short period of time, they've built an impressive business, attracted world-class talent and secured significant customer demand. We're excited to continue supporting Arrakis as it scales globally."
Arrakis will use the funding to triple headcount, strengthen its platform and security capabilities and accelerate expansion across Europe, the United States and the Middle East. The company currently operates from London and Paris, has already signed its first US customer, and is seeing growing demand across aerospace, energy and logistics markets.
About Arrakis
Arrakis is an AI software company helping industrial organisations deploy AI agents into mission-critical operational workflows. Founded in 2026 by former Accel investor Rafael Quintanilla and a team of operators and engineers from Palantir, Revolut and Delivery Hero, the company works with customers across energy, logistics, aerospace, telecommunications and manufacturing. Arrakis has raised around $38 million to date from investors including Blossom Capital and Accel. https://www.arrakistechnologies.ai/
View source version on businesswire.com: https://www.businesswire.com/news/home/20260722063958/en/
Contacts
aimee@burlington.cc
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CFO Worx Named No. 448 on the 2026 Inc. 5000 List, the Most Prestigious Ranking of America’s Fastest-Growing Private Companies13.8.2026 22:21:00 CEST | Press Release
CFO Worx today announced it has been ranked No. 448 on the 2026 Inc. 5000 list, the annual list of the fastest-growing private companies in America. The list is the most prestigious ranking of the nation’s most successful independent and entrepreneurial businesses, recognizing companies that have achieved remarkable growth while driving innovation, creating jobs, and shaping the future of the economy. Past honorees include companies such as Microsoft, Meta, Chobani, Oracle, and Patagonia. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260813927944/en/ Brian Alvarez, CEO of CFO Worx "Earning a place on the list comes down to the trust our clients place in us and is a testament to the caliber of the team behind every engagement," said Brian Alvarez, CEO of CFO Worx. This year’s Inc. 5000 recognizes a new class of companies redefining what growth looks like. From AI and advanced manufacturing to healthcare, consumer products, a
BTG Pactual TIG and Conservation International Reach 20,000 Hectares of Cerrado Under Restoration, Accelerating Latin American Reforestation Strategy, Increasing Biodiversity and Social Impacts13.8.2026 17:47:00 CEST | Press Release
BTG Pactual Timberland Investment Group (BTG Pactual TIG) and Conservation International today announced that native ecosystem restoration is now underway across more than 20,000 hectares of Brazil's Cerrado biome, marking a significant acceleration of the firms' Latin American reforestation strategy. According to data recorded by the Brazilian Restoration and Reforestation Observatory, an independent platform that tracks and maps native vegetation recovery, this further cements the strategy’s position as the largest ever restoration effort in the region. Conservation International serves as Impact Adviser for social and environmental outcomes. The strategy focuses on conserving, restoring and reforesting degraded landscapes across Latin America, including Brazil's Cerrado, one of the world’s most biodiverse and fastest disappearing seasonally dry ecosystems. More than half of the Cerrado has already been cleared for cattle ranching and farming. The strategy targets degraded cattle pas
Milliman names Jim Fulton next CEO13.8.2026 17:40:00 CEST | Press Release
Milliman, Inc., a leading global actuarial and consulting firm, today announced that Jim Fulton has been named Milliman’s next Chief Executive Officer. Fulton has served as Milliman’s Chief Financial Officer since 2015 and has been a leader driving the firm’s organic growth and M&A strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260811027168/en/ Milliman, Inc., a leading global actuarial and consulting firm, today announced that Jim Fulton has been named Milliman’s next Chief Executive Officer. Fulton has served as Milliman’s Chief Financial Officer since 2015 and has been a leader driving the firm’s organic growth and M&A strategy. Fulton’s appointment reflects Milliman’s evolution from an actuarial firm to a multidisciplinary consultancy, risk management, and technology solution provider. His expertise includes stints with Big 4 accounting and private equity-owned firms as well as technology startups. Fulton’s com
Clinilabs Announces Leadership Expansion and Welcomes Laura Shannon as Chief Executive Officer and Promotion of Founder Gary Zammit, Ph.D., to Executive Chairperson13.8.2026 16:05:00 CEST | Press Release
Clinilabs, a leading specialty contract research organization (CRO) focused on central nervous system (CNS) drug and device development, today announced leadership expansion. Laura Shannon joins the organization as Chief Executive Officer as Gary Zammit, Ph.D., the Company’s founder, assumes the role of Executive Chairperson. This expansion of the senior leadership team is a recognition of a growing organization with global capabilities and continuing commitment to advancing treatments for patients with psychiatric and neurological disorders. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260813362140/en/ Laura Shannon joins Clinilabs as Chief Executive Officer as Gary Zammit, Ph.D., the Company’s founder, assumes the role of Executive Chairperson Ms. Shannon is a dynamic leader with more than 30 years of biopharma industry experience, known for her ability to build high-performing teams, forge strategic alliances, and drive
Resurgens Technology Partners Invests in Qarma to Advance the Future of Quality and Compliance13.8.2026 15:00:00 CEST | Press Release
Resurgens Technology Partners (“Resurgens”), a software-focused private equity firm, today announced its partnership with Qarma, a leading global provider of AI-powered quality and compliance software for brands, retailers, and manufacturers managing complex, global supply chains. Qarma has built a platform that combines best-practice quality and compliance with hands-on execution where it matters most, on the factory floor. Qarma will continue to be led by its Co-founders, CEO Jacob Nedergaard and CTO Søren Mønsted. Founded in 2016, Qarma serves customers across industries, including furniture and home, apparel, consumer goods, and electronics. Its platform connects quality and compliance teams, sourcing professionals, suppliers, and inspectors. Over the past decade, Qarma has built one of the industry’s deepest operational quality platforms, combining best-practice workflows with software designed to work natively on factory floors worldwide. This unique operational foundation has ge
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom