, a data management software startup from Germany, has announced that it has closed a €32 million Series B extension round. It was led by European deep tech and software investors , which recently invested in and , Molten Ventures, which invested in and , and HV Capital. The company will use the additional capital to further strengthen its leading position in data product management, to expand its offering into international markets in the DACH region and scale internationally, and to foster its strategic partnerships to offer access to its product to an even larger customer base.
Data serves as the lifeblood of various technological advancements. Proper access and management of data is at the heart of enabling AI, GenAI, Business Intelligence, and Process Mining. However, it is still a major hurdle for many businesses.
According to recent research by Bitkom, in Germany alone, only 6% of companies are harnessing the potential of the data available to them. Simultaneously, more than half are aiming to implement a data-driven business model within the next two years. The vast amount of time spent on requesting, finding, integrating, and preparing data significantly slows down the implementation of artificial and business intelligence.
Surpassing this challenge, One Data empowers the smart collection, connection and usage of data for all data-driven and business applications, especially for GenAI. Founded by Dr. Andreas Böhm, One Data’s AI-powered Data Product Builder enab.
