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Amber raises €7M in Series A funding to expand its AI-powered platform across Europe, co-led by Ventech and NRW.Venture.
PRIVATEAug 17, 2026•about 3 hours ago
Amount Raised
€7 Million
Round Type
Series A
PuneInformation TechnologyInvestors
Nrw.VentureVentech
Description
Amber has secured €7 million in Series A funding to enhance its technology and expand across Europe. The funding will enable the company to support small and medium-sized businesses in utilizing internal knowledge effectively. Co-led by Ventech and NRW.Venture, this round will further develop its proprietary AI Data Layer. This technology aims to address challenges in leveraging fragmented company data for AI models.
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2 contactsFunding Insights
Based on industry dataTypical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers