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August 20, 2026

AI model maker Domyn raises over $1bn

The funding is made up of 10% equity and 90% debt

Domyn, the Italian company building large-language models (LLMs), has raised $1.1bn in debt and equity funding over the past two years, according to founder and CEO Uljan Sharka.

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

Maya Dharampal-Hornby

Maya Dharampal-Hornby is a reporter, covering UK tech for Sifted, based in London. She's also the producer of Startup Europe — The Sifted Podcast .

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