Arrakis, a London-based AI deployment company, came out of stealth on 22 July 2026 with a $30m Series A led by Blossom Capital. Accel, which led an earlier $7.5m seed round, also took part.
Total funding is about $38m, raised in just over three months, Tech.eu reported. GFC, MainObject and Rerail participated. Angel investors include Olivier Pomel, founder and chief executive of Datadog, Olivier Godement, head of business products at OpenAI, and Junaid Hussain, founder of Cambridge Aerospace. No valuation was disclosed.
“The West is under growing pressure to reindustrialise, but that renaissance won't be powered by net new companies alone.”Rafael Quintanilla, co-founder and CEO, Arrakis
What Arrakis does
The company helps industrial businesses design, build and scale AI agents. It pairs a model-agnostic enterprise AI platform with forward-deployed AI engineers and applied industrial research, and deploys agents into existing systems without multi-year migrations. A significant share of its fees is tied to customer outcomes, and customer data is not used to train third-party models, according to the release.
It serves aerospace, energy, logistics, manufacturing, construction and telecommunications. Arrakis says it has customers including NYSE-listed enterprises in energy, logistics and industrial sectors, and has signed its first US customer. It has not named them. One customer cut procurement cycle times by 90%, a company claim.
The founders
Arrakis was founded in January 2026 by Rafael Quintanilla, a former Accel investor who is chief executive, with co-founders Haroun Beltaifa, Romain Fouilland and Mikhail Galkov. Tech.eu said Beltaifa and Fouilland come from Palantir and Galkov from Delivery Hero. The release said the team includes alumni of Palantir, DeliveryHero, Revolut, Datadog and ASML.
Quintanilla said most AI investment to date has targeted the 30% of workers who sit behind a desk. The company argues that industrial firms need tools to use their own data.
What the money is for
Arrakis plans to triple its headcount, strengthen its platform and security capabilities, and open offices in New York and the Middle East. It currently operates from London and Paris.
Ophelia Brown, managing partner at Blossom Capital, said the company's early traction shows both the scale of the opportunity and the demand for such solutions. Sonali De Rycker, a partner at Accel, said the firm was excited to continue supporting Arrakis as it scales globally.
Model, pricing and competition
The Next Web reported that Arrakis starts with commercial models from OpenAI and Anthropic and plans to shift workloads to open-source alternatives such as Mistral's. The company claims a two-to-four-fold improvement in output quality and roughly 70% lower token costs. Roughly half of its fees are tied to performance targets, it said.
The outlet reported that Arrakis has five paying customers, and that its best traction so far is with family-controlled businesses, which tend to make purchasing decisions faster. It has about 15 employees and plans to triple that. The Next Web also reported that Fortune put the Series A at a $140m post-money valuation, a figure the company did not announce itself.
Rivals include PhysicsX, which raised $300m in June, and Prometheus, backed by Jeff Bezos. Quintanilla argues Arrakis's edge is speed, since it can deploy within weeks while legacy vendors take months or years.
Company website: arrakistechnologies.ai