Ora

Ora is a physical-AI startup being founded by Olivier Duchenne, who ran the robotics unit Mistral AI launched in December 2025. Its plan is a data factory staffed by human teleoperators, generating the real-world training data that robotics models lack, then feeding data from live deployments back into its own models. Duchenne is raising a EUR 200 million seed round at a target EUR 1 billion post-money valuation, which would be larger than most European Series C rounds.