Aleph Alpha, the leading company in explainable and trustworthy generative AI applications, has raised capital and forged key strategic partnerships in a series B financing round to launch the next stage of its development in the global AI race. The consortium consisting of seven new investors is led by the Innovation Park Artificial Intelligence (Ipai), Bosch Ventures and Schwarz Group. Other new investors include Berlin-based Christ&Company Consulting, the global edge-to-cloud company Hewlett Packard Enterprise and German multinational enterprise application software company SAP, as well as investor Burda Principal Investments. Former investors complete the round. This strategic investment will further strengthen the German and European AI position for the development of sovereign AI.
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