Aleph Alpha’s €23 Million Series A Financing Round

BMH BRÄUTIGAM, together with Lubberger Lehment, advised Earlybird Venture Capital on the deal.

German AI startup Aleph Alpha has raised €23 million in a Series A funding co-led by Earlybird VC.

Other investors included Lakestar and UVC Partners, as well as existing investors LEA Partners, 468 Capital and Cavalry Ventures.

Aleph Alpha is one of the most promising German startups in the field of General AI, based in Heidelberg. Founded in 2019 by AI serial entrepreneur Jonas Andrulis and co-founder Samuel Weinbach, the startup researches, develops and operationalizes large-scale AI systems towards generalizing AI. Aleph Alpha will offer GPT-3-like text, image and strategy AI models via an API in the future. These will enable public and private sector partners to modernize existing business models as well as develop new, innovative business models in data-driven value creation. With the newfound support of Europe’s leading deep tech investors, Aleph Alpha will be able to further accelerate the independent development of cutting-edge AI systems and further expand its team of world-class AI researchers, engineers and delivery professionals.

The BMH BRÄUTIGAM team included Dr. Alexander Wulff (Picture – Lead), Raoul Moritz Nissen, Till Wansleben, Maximilian Frink, Daniel Schlichting (all Venture Capital), together with Dr. Benjamin Koch from Lubberger Lehment.

Involved fees earner: Maximilian Frink – BMH Bräutigam; Raoul Moritz Nissen – BMH Bräutigam; Daniel Schlichting – BMH Bräutigam; Till Wansleben – BMH Bräutigam; Alexander Wulff – BMH Bräutigam; Benjamin Koch – Lubberger • Lehment;

Law Firms: BMH Bräutigam; Lubberger • Lehment;

Clients: Earlybird Venture Capital GmbH & Co. KG ;

Author: Federica Tiefenthaler