Tech Company Financing Transactions
Deepset Funding Round
Deepset secured $30 million from Balderton Capital, GV and Harpoon Ventures.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use the funds to expand its LLM-focused MLOps offerings. The proceeds will be put toward expanding Deepset's products and services and growing its team from around 50 people to 70 to 75 by the end of the year, co-founder and CEO Milos Rusic says.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Undisclosed, Undisclosed
Undisclosed
Undisclosed, Undisclosed
Undisclosed
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Building a semantic layer for the modern tech stack -- driven by the latest NLP and open source.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Technical Officer
Malte Pietsch
Co-Founder
Timo Möller
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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