German AI startup Aleph Alpha has now raised (€23 Million)$27 Million in a Series A funding co-led by Earlybird VC, Lakestar, and UVC Partners.
The funds significantly accelerate bringing the latest generation of AI technology into an application and secure digital sovereignty for public and private sector partners in Europe.
Company: Aleph Alpha GmbH
Raised: $27.0M
Round: Series A
Funding Month: July 2021
Lead Investors: Earlybird VC, Lakestar, and UVC Partners
Additional Investors:
Company Website: https://aleph-alpha.de/
Software Category: Artificial General Intelligence (AGI)
About the Company: Headquartered in Heidelberg, Germany, Aleph Alpha was founded in 2019 by Jonas Andrulis and co-founder Samuel Weinbach. The idea behind Aleph Alpha is that it researches, develops, and “operationalizes” large AI systems toward generalizable AI, offering GPT-3-like text, vision, and strategy AI models. The platform will run a public API enabling public and private sectors to run their own AI experiments and develop new business models.
Source: https://techcrunch.com/2021/07/27/german-startup-aleph-alpha-raises-27m-series-a-round-to-build-europes-openai/