akirolabs

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akirolabs Secures 7-digit Grant to Develop the Leading LLM for Strategic Procurement, Building on Recent $5M Seed Round

đź“… Date:

đź”– Topics: Funding Event

🏢 Organizations: akirolabs, Investitionsbank Berlin, European Regional Development Fund


akirolabs, a Berlin-based ProcureTech startup, enabling enterprises worldwide to augment strategic procurement processes, announces an extension to its recent $5 million seed funding with an additional 7-digit ( € million) non-dilutive grant from Investitionsbank Berlin and the European Regional Development Fund (ERDF).

This funding will be strategically utilized to further advance the software’s AI/LLM capabilities, solidify akirolabs’ position as the AI-first ProcureTech B2B SaaS company, and accelerate product development and team expansion.

Read more at PR Newswire