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Announced

Completed

Innovation Park Artificial Intelligence, Bosch Ventures and Schwarz Group led a $500m Series B funding round in Aleph Alpha.

Financials

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Transaction Value£403m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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artificial intelligence software

Germany

IT Services: Other

Private

Single Bidder

Completed

Acquisition

Minority

Cross Border

Friendly

Private Equity

Venture Capital

Synopsis

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Innovation Park Artificial Intelligence, Bosch Ventures and Schwarz Group led a $500m Series B funding round in Aleph Alpha, an artificial intelligence startup. “With this latest investment, we will continue to enhance our capabilities and enable our partners to be at the forefront of this technological development. 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. The ongoing developments will extend interfaces and customisation options tailored to business-critical requirements. For customers with a significant responsibility and in strategic environments where sovereignty is at risk, we will remain the best option,” Jonas Andrulis, Aleph Alpha founder and CEO.

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