Funding

[Funding alert] Germany-based Langdock Secures $3Million in Seed Funding

Apr 20, 2024 | By Startup Rise EU

Langdock, a supplier of a platform that allows businesses to harness large language models (LLMs) while maintaining control over their data secures $3million in seed funding.

Langdock, a supplier of a platform that allows businesses to harness large language models (LLMs) while maintaining control over their data secures $3million in seed funding.

General Catalyst and La Famiglia led the round, which also included participation from over 25 other angel investors, Y Combinator, Rolf Schrömgens (Trivago), Hanno Renner (Personio), Johannes Reck (GetYourGuide), and Erik Muttersbach (Forto).

Read also - Poland-based bValue Secures €90Million in Funding

The money will be used by the business to grow both its operations and growth initiatives. Under the direction of CEO Lennard Schmidt, Langdock offers a platform with enterprise-grade security, on-premises and cloud-based solutions, and a chat interface that lets coworkers access LLMs from different departments.

RECOMMENDED FOR YOU

recomd
Funding
[Funding alert] Swiss-based Anapaya Systems Raises €1.8M in Funding
Startup Rise EU
Oct 31, 2023
recomd
Funding
[Funding alert] London-based Insurtech Startup Diesta Secures €1.8 Million in Seed Funding
Startup Rise EU
Nov 9, 2023
recomd
Funding
[Funding alert] Türkiye Venture Capital Firm Revo Capital Secures $100 million in Funding
Startup Rise EU
Dec 20, 2023

More than forty businesses are involved with it, including tech firms like GetYourGuide, HeyJobs, and Forto as well as the German scientific and technology giant Merck.

Lennard Schmidt said: “There is an urgent need for European businesses to embrace LLMs because they are seeing a sharp fall in the working-age population. In Germany alone, we are seeing the projected loss of seven million workforce participants. This staggering figure brings into stark focus the critical need for smarter, more efficient processes within companies and the need to enable employees to increase their productivity.“

About Langdock

Langdock, Maintain complete control on your data while enabling your staff with LLMs.
Build personalised assistants, automate whole workflows, and have conversations with your internal experts.

Recommended Stories for You

story
Funding

[Funding alert] Limburg-based Foodtech Company Verdify Raises €2.4Million in Funding

Startup Rise EU Jan 27, 2024

story
Funding

[Funding alert] Cargo Airline Dronamics Secures €10 Million in Funding

Startup Rise EU Mar 20, 2024

story
UK

[Funding alert] Raspberry Pi Receives Strategic Investment from Arm

Startup Rise EU Nov 4, 2023

story
Funding

[Funding alert] Karlsruhe-based Daedalus Secures $21 Million in a Series A Round Funding

Startup Rise EU Feb 9, 2024

story
Funding

[Funding alert] Dutch-based Amazec Photonics Secures €1.5 Million in Seed Funding

Startup Rise EU Feb 15, 2024

story
Funding

[Funding alert] Italian Aquaponic firm The Circle Raises €2.1M in Funding

Startup Rise EU Oct 10, 2023