Dust Raises $40M to Build Collaborative Enterprise AI

Paris-based AI startup Dust has raised $40 million in a Series B round led by Abstract and Sequoia Capital, with participation from Snowflake and Datadog, bringing total funding to over $60 million. The company aims to replace isolated AI chatbots with a shared, collaborative platform where agents and humans work together across entire organizations. Dust's platform connects to over 100 enterprise tools and allows AI agents to share context, memory, and outputs across teams rather than siloing insights within individual chat windows. The startup reports over 3,000 customers, 300,000 deployed agents, zero churn in 2025, and a 70% weekly active user rate.