Aleph Alpha is a leading generative AI company that creates efficient and powerful AI algorithms having a remarkable ability to generate unique and innovative solutions.
Aleph Alpha has raised $500 million in a Series B round. The new round was led by the Innovation Park Artificial Intelligence, Bosch Ventures, and the companies of Schwarz Group, Europe’s largest retailer and owner of Lidl and Kaufland. Aleph Alpha intends to use the fresh funding will to invest in research on foundation models, advanced product capabilities, and commercialization of its software.
Aleph Alpha, Heidelberg, Baden-Wurttemberg, Germany, was founded in 2019 by Jonas Andrulis and Samuel Weinbach. “With this latest investment, we will continue to enhance our capabilities and enable our partners to be at the forefront of this technological development,” said Jonas Andrulis, CEO and founder of Aleph Alpha. “To empower customers, Aleph Alpha will continue to expand its offerings while maintaining independence and flexibility for customers in infrastructure, cloud compatibility, on-premise support and hybrid setups.”