Neptune.ai Raises $8 Million in Series A  

by Kay Aloha Villamor in April 18th, 2022

Neptune.ai, a Warsaw, Poland-based that builds developer tools for machine learning practitioners, raised $8 million in Series A funding.

The round was led by global VC firm Almaz Capital, with participation from previous investors btov Partners, Rheingau Founders, and TDJ Pitango.

With the latest funding, the total investment raised by Neptune.ai is close to $13 million since its inception. The startup will use the latest investment to deliver an even better experience for developers by rapidly expanding its product and engineering teams across Europe.

Company: Neptune Labs Inc.

Raised: $8.0M

Round: Series A

Funding Month: April 2022

Lead Investors: Almaz Capital

Additional Investors: btov Partners, Rheingau Founders, and TDJ Pitango

Company Website: https://neptune.ai/

Software Category: MLOps

About the Company: Neptune.ai was founded in 2017 in Warsaw by Piotr Niedźwiedź, Jakub Czakon, Paulina Prachnio and Piotr Łusakowski, who met in deepsense. Neptune is a metadata store for MLOps, built for research and production teams that run a lot of experiments. It gives you a central place to log, store, display, organize, compares, and query all metadata generated during the machine learning lifecycle. Individuals and organizations use Neptune for experiment tracking and model registry to have control over their experimentation and model development. The startup’s story debuted when they won Kaggle’s Right Whale Recognition competition as a part of the Deepsense.ai team. Neptune’s platform is used the most by machine learning engineers and corporate customers of over 100 paying companies, including The New Yorker, InstaDeep, and Roche. 

Source: https://techfundingnews.com/github-for-machine-learning-neptune-ai-raises-8m-funding/ https://neptune.ai/blog/series-a-announcement

 

 

 


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