LightOn shares climb in Paris market debut

Europe’s first listed generative AI startup, LightOn, exceeded IPO expectations with a valuation of €62 million.
LightOn, shares, Euronext, Paris, generative AI

Shares of LightOn, Europe’s first generative AI startup to go public, rose by up to 9% during its debut on the Euronext Growth market in Paris. By mid-morning, the stock traded at €10.79, marking a 4.2% increase from its IPO valuation of €10.35 per share.

LightOn, which develops large language models for organisations like Safran and France‘s Space Command, was valued at €62 million in its initial public offering, surpassing the €50 million initially expected.

The listing reflects strong market confidence in generative AI ventures, highlighting their growing importance in Europe’s tech ecosystem.