Apheris, a leading federated computing company, has announced the completion of a Series A funding round, raising a total of $20.8 million. The funding will support Apheris in expanding its reach as the chosen federated computing provider for the world’s leading biopharmaceutical organizations.
Company Information
Company
Apheris
Location
Berlin, Berlin, Germany
About
Apheris is a Berlin-based startup founded in 2019, specializing in federated computing technology that enables secure and private access to data across organizations. The company aims to empower secure and collaborative data networks specifically for the life sciences sector. Through its Compute Gateway, Apheris facilitates AI model training without the need to transfer sensitive data, addressing regulatory and commercial sensitivities. Apheris is tapping into a massive market valued at over €29 billion, focusing on unlocking the potential of AI and machine learning for healthcare.
BerlinSoftwareArtificial IntelligenceSecurityMachine Learning