GeneralMind, AI startup founded by the team behind German unicorn Razor, secures €10.2 million just months after launch
Berlin-based AI startup GeneralMind has secured €10.2 million in pre-seed funding, just months after its launch. The company, founded by the team behind German unicorn Razor Group, is developing an "AI System of Action" to automate operational processes within enterprise resource planning (ERP) systems. This investment highlights the growing interest in European AI solutions and the potential for digital transformation across industries. The funding round, completed within six months of GeneralMind's operations, is considered one of the largest publicly disclosed pre-seed rounds in Europe. Investors include Lakestar, Leo Capital, and Lucid Capital, along with several angel investors. The company's AI-driven platform aims to autonomously execute recurring workflows, addressing inefficiencies caused by manual processes and unstructured communication in sectors like e-commerce and supply chain management. GeneralMind's technology targets mid-sized and large enterprises, with a focus on industries, commerce, and logistics. By automating tasks that often involve email, spreadsheets, and various enterprise systems, the AI aims to streamline operations and improve efficiency. The company, which already has companies listed on NASDAQ, MDAX, and SDAX using its technology, operates from its Berlin headquarters and a second site in Bangalore, India.
Curated and translated by Europe Digital for our multilingual European audience.
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