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 berlin venture studio merantix raise


Berlin venture studio Merantix raises $27M fund to concentrate on AI startups – TechCrunch

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Berlin-based Merantix, a venture studio which specifically concentrates on building'AI companies', says it has raised a new €25M fund ($27M). Anchor investors include Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well as further family offices from Europe. Co-founder Adrian Locher said in a statement that the successful fundraising "underpins Europe's competitive ability with regards to new transformative technologies and validates the innovative potential of Berlin. We are very excited to spearhead AI's incredible value potential and are eager to build more disruptive companies with our amazing team." Locher is a Swiss serial entrepreneur and investor and has founded more than 10 companies both in Europe and the US.