Fundz

German startup Flower Labs secures €18.5M to train AI on distributed data; here’s how

PRIVATEFeb 19, 2024

Amount Raised

$18.5 Million

Round Type

Series A

StockholmArtificial IntelligenceRenewable EnergyMachine Learning

Investors

Scott ChaconClem DelangueMozilla VenturesPioneer FundY CombinatorBeta WorksFactorial CapitalFirst Spark VenturesFelicis

Description

Hamburg-based Flower Labs secures €18.5M in a Series A round of funding to boost the widespread adoption of federated and decentralised AI, challenging traditional GPU-centric methods and aligning with upcoming AI regulations.

Quick answer

Flower raised $18.5 Million in a Series A round, dated February 19, 2024. Investors: Scott Chacon, Clem Delangue, Mozilla Ventures, Pioneer Fund, Y Combinator, Beta Works, Factorial Capital and First Spark Ventures. Flower is based in Stockholm, Stockholm County, Sweden.

How much did Flower raise?
Flower raised $18.5 Million in a Series A round on February 19, 2024.
Who invested in Flower?
Scott Chacon, Clem Delangue, Mozilla Ventures, Pioneer Fund, Y Combinator, Beta Works, Factorial Capital and First Spark Ventures are named as investors in this round.
What does Flower do?
In its pre-seed round, the startup raised $3.6 million.
Where is Flower based and how big is it?
Flower is based in Stockholm, Stockholm County, Sweden. Fundz records about 140 employees.
Who are the decision-makers at Flower?
Fundz holds 1 contact at Flower. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Renewable Energy and Artificial Intelligence around the same time

Companies in the same sectors as Flower that raised within 45 days of this round, from Fundz verified event records.

  • Nvidia raised $2.1M (Seed) on February 2, 2024.
  • Web3Firewall raised $2.5M (Pre-Seed) on April 4, 2024.
  • Inner AI raised $2M (Pre-Seed) on April 4, 2024.
  • Aerospike raised $100M (Series E) on April 4, 2024.
  • SiMa.ai raised $70M (Funding Round) on April 4, 2024.
  • Accrete raised $600K (Seed) on April 4, 2024.

Who to call at Flower, and when

A new round usually means Flower is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Flower raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Flower, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Flower. With Fundz connected, it knows.

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Company Information

Company

Flower

Location

Stockholm, Stockholm County, Sweden

About

In its pre-seed round, the startup raised $3.6 million. Relying on a technique called federated learning, Flower doesn’t provide direct access to data, making it ostensibly “safer” to train on in situations where privacy or compliance are concerns. “Customers can build AI systems using Flower where user privacy is strongly protected, and yet they are still able to leverage more data than they ever could before …

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Flower raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Flower raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.