Deeploy funding news – Utrecht-based Deeploy Raises up to €7.5M in Funding

Maarten Stolk, CEO and Co-founder of Deeploy said, “Europe has set a global standard for AI ethics and governance, and we are proud to be at the forefront of this movement. The EIC Accelerator funding allows us to scale our platform and ensure that AI deployed in Europe is not only powerful but also trustworthy, transparent, and aligned with European values, ".

The Dutch company won funding from the EIC Accelerator for the “Human-Centric Generative AI Made in Europe” challenge, beating out over 4,000 applicants.

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EIC said, “Deeploy stands out as a leading AI platform, reinforcing Europe’s commitment to trustworthy, transparent, and compliant AI solutions,”.

Tim Kleinloog, CTO and Co-founder of Deeploy said, “With AI adoption accelerating, companies need practical solutions to ensure model risks can be controlled. The EIC funding enables us to push AI governance beyond check-the-box compliance. We plan to expand Deeploy’s explainability methods for complex AI models, enhance our platform capabilities for compliance with EU regulations and ISO standards, foster AI sovereignty in Europe, and build a partnership network across the continent,".

About Deeploy

Deeploy was founded in 2020 by Bastiaan van de Rakt, Tim Kleinloog, Maarten Stolk, and Nick Jetten. It is a software company that focuses on making Machine Learning (ML) deployments accountable by placing explainable AI (XAI) at the center of ML operations (MLOps).

The company’s software helps make artificial intelligence clear and transparent for businesses, their customers, and regulators.