trail funding news – Munich-based trail Secures €1.45Million in a Pre-Seed Round Funding

A number of other investors took involved, including Common Magic, Mozilla Ventures, NP-Hard Ventures, and other business angels. The money will be used by the German company to fortify its position in the market, grow its skilled workforce, and expedite the creation of new products.

Co-founder and CEO, Anna Spitznagel said, “We are in the perfect time and position to continue tackling this very important and rapidly growing market of AI governance. The mission of trail is to empower companies deeply committed to AI quality and trust, enabling responsible AI development and use without additional overhead”,.

CapitalT is a (pre)seed stage-focused venture capital fund that makes investments in software technology firms with outstanding teams, potential for international expansion, and the ability to apply AI to solve real-world problems with a strong data component. As of right now, the VC funds businesses in the Netherlands, the UK, Sweden, Norway, Denmark, Finland, and Germany.

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Eva de Mol, Founding Partner at CapitalT, comments, “We were impressed by the complementary strengths of the founders and their AI-driven approach to bridging technical and compliance challenges. We are convinced that trail is set out to lead this essential mark.”

About trail

Sven Hölzel, Nikolaus Pinger, and Anna Spitznagel discovered a trail after personally seeing the opaque practices and bureaucratic obstacles in AI. As a result, they were able to combine efficiency and trust in creating trail, a platform for AI governance.