- One Data, a German data management software company, secures €32 million in Series B extension funding.
- Funding co-led by Vsquared Ventures, Molten Ventures, and HV Capital, prominent European deep tech and software investors.
- Founded in 2012, One Data specializes in AI-powered data product development, helping businesses save up to 80% of their time.
- AI technology used to aggregate, analyze, and connect data points, enhancing insights across retail, manufacturing, pharma, and automotive sectors.
- Clients include BioNTech, thyssenkrupp, and SCHOTT in the DACH region.
- Funding to strengthen market position, expand internationally, and foster strategic partnerships.
Main AI News:
German data management software firm One Data has successfully closed a €32 million Series B extension round, co-led by prominent European deep tech and software investors Vsquared Ventures, Molten Ventures, and HV Capital. Established in 2012, One Data specializes in AI-driven data product development, empowering enterprises to efficiently create, manage, and share data products, thereby saving up to 80% of their operational time.
The company utilizes advanced AI technologies to aggregate, analyze, and interconnect data points, significantly enhancing the quality of insights generated. This capability caters to diverse sectors such as retail, manufacturing, pharmaceuticals, chemicals, and automotive. Notable clients within the DACH region include BioNTech, thyssenkrupp, and SCHOTT.
Dr. Andreas Böhm, Founder and CEO of One Data, emphasized the transformative impact of their technology: “Our platform seamlessly transforms isolated data into reliable, valuable data products, facilitating the establishment of robust data governance frameworks. This leads to enhanced supply chain stability, improved forecasting accuracy, expedited R&D cycles, and highly efficient data teams, whose contributions are now amplified through our software. The resulting corporate value derived from these data products is indisputable.”
Reflecting on the strategic significance of the investment, Benedikt von Schoeler, General Partner at Vsquared Ventures, highlighted One Data’s potential to empower companies in maximizing the capabilities of their software applications, including GenAI and BI. “Effective data management is increasingly pivotal for organizations striving to maintain competitive edges across industries,” he noted.
The additional capital will enable One Data to further solidify its leadership in data product management, expand its footprint in global markets, nurture key partnerships, and broaden access to its solutions among a wider customer base.
Conclusion:
This substantial Series B extension funding for One Data underscores growing investor confidence in AI-driven data management solutions. The investment not only bolsters One Data’s capabilities in enhancing data product efficiencies across diverse industries but also signifies broader market recognition of the critical role played by advanced data management technologies in driving business innovation and operational excellence. As companies increasingly prioritize data-driven decision-making, One Data stands poised to lead in empowering enterprises with robust data governance frameworks and transformative AI technologies.
