𝗢𝗡𝗘 𝗗𝗔𝗧𝗔 𝗿𝗮𝗶𝘀𝗲𝘀 𝗮 €𝟯𝟮𝗺 𝗦𝗲𝗿𝗶𝗲𝘀 𝗕 𝗲𝘅𝘁𝗲𝗻𝘀𝗶𝗼𝗻! 🔗
Congratulations to One Data on successfully raising their €32m Series B extension, as they continue to scale their next-gen data management platform, which serves as a key enabler for meaningful GenAI, AI, Business Intelligence and Process Mining, internationally!
Data serves as the lifeblood for various technological advancements. Proper access and management of data is at the heart of enabling AI, GenAI, Business Intelligence and Process Mining. However, data access and processing is still one of the major roadblocks for companies to leverage data and generate value from AI applications. According to recent research by Bitkom (link in comments), in Germany alone only #6percent of companies are harnessing the potential of the data available to them.
One Data empowers the smart collection, connection and usage of data for all data-driven and business applications, especially for GenAI. The company’s AI-powered Data Product Builder, already used by a strong portfolio of customers, including BioNTech SE, thyssenkrupp and SCHOTT, is transforming data management and addresses critical business needs for data-driven models. Its innovative technology will drive efficiency in data governance, forecasting, R&D, and supply chains, making it a key enabler for AI and business intelligence advancements globally.
Co-led by Vsquared Ventures, HV Capital and Molten Ventures, One Data will utilize the funding to solidify its market leadership, expand internationally, and enhance its innovative Data Product Builder. Congratulations to Dr. Andreas Böhm, Gregor Wiest, Dr. Stefan Roskos and the entire One Data team! To find out more, take a look at the articles linked in the comments.
Why Go Big When You Can Go BOOOM 💥
2moGo, go, go Pablo!!