The AI startup landscape is growing rapidly worldwide-not only in the USA or Asia, but also in Europe and Germany. According to the current figures from the Appliedai Institute for Europe, there were 687 active AI startups in Germany last year. The high survival rate of these startups is particularly remarkable: 467 of the 508 AI companies that were still on the list in 2023 are also represented in 2024, while 220 new startups were added. Despite strong competition worldwide, Germany remains an important location for emerging AI companies.
Startups such as Aleph Alpha, Deepl or Helsing are among Germany's best -known representatives that could take on international heavyweights. However, numerous other German AI startups that specialize in everything from language processing to image processing to autonomous systems are characterized by their promising growth.
In the jungle of AI startups, you quickly lose track. We have selected the eight most successful and biggest AI startups for you and explain in short portraits, How and why these startups develop artificial intelligence, how they are in international competition and what is coming up for you next.
1. Aleph Alpha
- founder: Jonas Andrulis
- Foundation year: 2019
- seat: Heidelberg
- Previous financing and Evaluation: 500 million round at the end of 2023, 300 million of whom went to the subsidiary Alpha Alpha Research on AI research and development. So $ 110 million to Alpha Alpha.
- Lead investors: The venture capital company Earlybird, the black group, which also includes Lidl and Kaufland as well as the VC Lea Partners. The industrial group Bosch and the software company SAP also invested in the AI startup.
Also read
What does Alph Alpha do?
Alpha Alpha develops a generative language model. Generative means a AI that is designed to create new content.
Why and for whom Alpha does that?
Source: https://www.businessinsider.de/gruenderszene/technologie/8-deutsche-ki-startups-die-jeder-kennen-sollte/
