German DeepTech startup yasp raises €4.2 million to accelerate AI model optimisation
A German deep technology startup specializing in AI has secured €4.2 million in seed funding, marking a significant step towards enhancing European capabilities in artificial intelligence. This investment highlights the growing momentum in the European tech ecosystem to build competitive, sovereign AI solutions, capable of challenging established global players. The funding will be instrumental in advancing the company's core technology, directly contributing to the EU's strategic push for digital independence. The raised capital will be specifically channeled towards accelerating the development of the startup's Agentic AI Compiler. This proprietary technology focuses on optimizing AI models for efficiency and performance. The funding round was led by venture capital firm Capnamic, signaling confidence in the startup’s potential and its alignment with the EU's digital transformation goals. The company is targeting a market launch of its product by the fourth quarter of 2025. This investment has the potential to directly benefit European businesses and researchers by providing access to more efficient and powerful AI tools. It also supports the EU's wider efforts to foster a thriving AI ecosystem, bolstering its competitiveness in a rapidly evolving technological landscape. Moreover, the development of such technologies within the EU enhances data security and supports adherence to strict privacy regulations like GDPR. This funding round comes amidst increasing focus on fostering European AI champions and reducing reliance on non-European technology providers. As the company progresses towards its market launch, it will be important to track its contribution to the EU's overall AI strategy. Its progress will be a test case for how effectively European innovation can compete internationally.
Curated and translated by Europe Digital for our multilingual European audience.
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