At What Valuation Did MyDataModels Raise €1M?

French machine learning startup MyDataModels just raised €1 million from Earlybird VC.

This actually means that, based on comparable deals, MyDataModels sold an estimated 20% equity stake in their company to Earlybird VC for €1 million.

This in turn means that MyDataModels is valued priced at €1 million / 20% = €5 million post-money.

Price startup = price deal / equity stake sold

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