Apheris raised €20.1 million in a Series A funding round led by OTB Ventures and eCAPITAL to empower secure data networks for the life sciences sector.

Jan 02, 2025•12 months ago

Amount Raised

€20.1 Million

Round Type

series a

BerlinSecurityMachine LearningArtificial IntelligenceSoftware

Investors

Heal CapitalOctopus VenturesE CapitalOtb Ventures

Description

Berlin-based startup Apheris has successfully closed a Series A funding round, bringing its total capital raised to €20.1 million. The funds will be used to scale operations and expand its client network within the biopharmaceutical industry.

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.

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