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German startup Aleph Alpha Raises $27 Million Series A

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.

Ben Murray profile image
by Ben Murray
German startup Aleph Alpha Raises $27 Million Series A

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/

Ben Murray profile image
by Ben Murray

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