Tech Company Financing Transactions

Prior Labs Funding Round

Prior Labs, based in Freiburg, raised $9.4 million in investment from Balderton Capital, Atlantic Labs and Galion.exe.

Transaction Overview

Company Name
Announced On
2/5/2025
Transaction Type
Venture Equity
Amount
$9,400,000
Round
Seed
Investors

Balderton Capital (Lead Investor)

Atlantic Labs

Galion.exe

private investors (Ash Kulkarni)

private investors (Chris Lynch)

private investors (Ed Grefenstette)

private investors (Guy Podjarny)

private investors (Peter Sarlin)

private investors (Robin Rombach)

private investors (Thomas Wolf)

XTX Ventures

Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Elisabeth-Emter-Weg 18
Freiburg, 79110
Germany
Phone
Undisclosed
Email Address
Overview
Prior Labs is building breakthrough foundation models that understand spreadsheets and databases - the lifeblood of science and business. While foundation models have transformed text and images, tabular data has remained largely untouched. We're tackling this opportunity to revolutionize how we approach scientific discovery, medical research, financial modeling, and business intelligence.
Profile
Prior Labs LinkedIn Company Profile
Social Media
Prior Labs Company Twitter Account
Company News
Prior Labs News
Facebook
Prior Labs on Facebook
YouTube
Prior Labs on YouTube

Management Team

Title
Name
Email & Social
Founder
Sauraj Gambhir
  Sauraj Gambhir LinkedIn Profile  Sauraj Gambhir Twitter Account  Sauraj Gambhir News  Sauraj Gambhir on Facebook
Founder
Noah Hollmann
  Noah Hollmann LinkedIn Profile  Noah Hollmann Twitter Account  Noah Hollmann News  Noah Hollmann on Facebook
Founder
Frank Hutter
  Frank Hutter LinkedIn Profile  Frank Hutter Twitter Account  Frank Hutter News  Frank Hutter on Facebook


 

 

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Prev: 2/5/2025: Saeki Robotics venture capital transaction
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About Our Venture Capital Transactions Database

Our team works diligently to record every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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