Aleph Alpha raises €460.0M Series B round
6 November 2023· Heidelberg, Germany· artificial_intelligence, large_language_models, multimodal_ai, b2b, b2g, pure_software, infrastructure, ai, industrial_software
The funding is intended to scale the company's business and advance proprietary AI research for business-critical applications in sectors such as healthcare, finance, law, government, and security, while maintaining European technological sovereignty.
Investors
LeadInnovation Park Artificial Intelligence
Also participating
468 CapitalLEA PartnersBosch VenturesBurda Principal InvestmentsUVC PartnersCavalry VenturesSAPSchwarz GroupHewlett Packard EnterpriseChrist & Company Consulting
About Aleph Alpha
Stage
Series B
Headquarters
Heidelberg, Germany
Founded
2019
Team Size
201–500
Sectors
artificial_intelligencelarge_language_modelsmultimodal_aib2bb2gpure_softwareinfrastructureaiindustrial_software
Source: https://sifted.eu/articles/aleph-alpha-series-b-500m/