Heidelberg — The AI research and application startup Aleph Alpha receives 23 million euros in its second round of financing. As Aleph Alpha’s first institutional investor, LEA Partners welcomes the new Series A investor set with Earlybird VC, Lakestar and UVC Partners on board. Together with the seed financing of €5.3 million in November 2020, the total financing volume grows to €28.3 million. With the newfound and repeated support of Europe’s leading deep-tech investors, Aleph Alpha can further accelerate the independent development of cutting-edge AI systems and continue to expand its team of world-class AI researchers, engineers and delivery professionals.
European AI Powerhouse
Headquartered in Heidelberg, Germany, Aleph Alpha was founded in 2019 by AI serial entrepreneur Jonas Andrulis and Samuel Weinbach. They bring together a high-caliber team of AI veterans, serial entrepreneurs, and a new generation of AI engineers coming from CERN, Apple, DARPA, and other prestigious organizations, who together are developing and operationalizing large-scale AI systems towards generalizable AI. Aleph Alpha will offer GPT-3-like text, image, and strategy AI models via an API in the future. These will enable partners from the public and private sectors to modernize existing business models as well as develop new, innovative business models in data-based value creation.
Aleph Alpha’s community-driven and interdisciplinary approach ensures that tectonic shifts in the global AI landscape are aligned with European values and ethical standards. Aleph Alpha and its partner network are creating a strong and sovereign European innovation network that supports more equitable access to modern AI research — with the goal of countering the ongoing “de-democratization”, monopolization, and loss of control and transparency in the global AI industry.
Jonas Andrulis, CEO and founder of Aleph Alpha:
“Aleph Alpha’s mission is to enable accessibility, usability, and integration of large-scale, European, multilingual, and multimodal AI models along the lines of GPT‑3 and DALL‑E by driving innovation for explainability, adaptation, and integration. The funding significantly accelerates the process of bringing the latest generation of AI technology into use and ensures digital sovereignty for our public and private sector partners in Europe and beyond.”
Securing European AI sovereignty
From model training to application, Aleph Alpha guarantees the data sovereignty of individuals and organizations and returns control of normative value alignment to the developer. This makes Aleph Alpha an indispensable success factor for the digitization of the private and public sectors in Europe.
Nils Seele, Principal at LEA Partners:
“When we first met Jonas and the team, it was immediately clear that we shared a common vision toward generalizing artificial intelligence. For LEA, as the lead investor in the seed funding round, it’s great to see the impressive setting that has come together over the last few months to help the Aleph Alpha team build European sovereignty in AGI.”
A New Age of Human-Machine Interaction
Aleph Alpha’s generalizing AI models extend and enhance human capabilities in dealing with any type of data. The technology is capable of understanding and generating complex text based on minimal human input and acts as a virtual assistant in a new generation of human-machine interaction. Such deep contextual understanding was previously the exclusive domain of human experts. These new functionalities will transform human interactions with information by structuring knowledge, responding to complex tasks, or transforming, summarizing, and structuring highly specialized, bureaucratic, or legal language into easily understood everyday language.
About Aleph Alpha
Aleph Alpha is a Heidelberg-based AI research and application company that researches, develops, and operationalizes generalizing AI models for text, vision, and strategy at scale to ensure digital sovereignty for public and private sector partners.
About LEA
LEA Partners, as an entrepreneurial equity partner, supports founders and management teams at different stages of development in their growth and achievement of a leading market position. Based in Karlsruhe, one of the largest technology clusters in Europe, LEA Partners has managed investments in numerous technology companies since 2002. With 260 million euros of capital under management and two investment vehicles, LEA Partners is able to contribute substantial added value to the development of technology companies with a strong network of operational sector experts as well as strategic partners. www.leapartners.de