InstaDeep raises $100 million for decision support AI - Actu IA

InstaDeep, one of the leaders in the design of decision-making Artificial Intelligence systems, announced on January 25 that it had raised $100 million (€88 million). The company closed a Series B round led by DeepTech investment firm Alpha Intelligence Capital and supported by CDIB. BioNTech, Chimera Abu Dhabi, Deutsche Bahn Digital Ventures, Google, G42 and Synergie participated in this latest round. Founded in 2014 by Karim Beguir and Zohra Slim, InstaDeep is a leader in decision AI systems, it has been named two years in a row to the CB Insights AI 100 ranking of the world's 100 most promising private artificial intelligence companies. The company develops patented AI products such as its DeepChainTM protein design platform and collaborates with leading companies such as Google DeepMind, Nvidia and Intel.