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Funding round

akirolabs Seed

akirolabs, which works in AI-Powered category management solutions in Bocholt, raised $5.0M in a Seed round announced on 29 Jan 2024, led by High-Tech Gründerfonds, OTB Ventures and D11Z. 4 firms took part.

$5.0M

Amount raised

Not disclosed

Post-money valuation

4

Investors

3 leads

Valuation

What this round says about the price

akirolabs did not disclose a valuation in this round. It is akirolabs' first venture round on record, 3 years after it was founded in 2021. No later venture round is on record for akirolabs.

akirolabs' funding rounds

This is the only venture round on record for akirolabs.

  1. Seed this round 29 Jan 2024, led by High-Tech Gründerfonds, OTB Ventures and D11Z $5.0M

Investors

Who put money in

High-Tech Gründerfonds, OTB Ventures and D11Z led the round with 1 other firm.

Lead investors

  • backs 232 venture-backed companies new investor
  • OTB Ventures backs 27 venture-backed companies new investor
  • backs 19 venture-backed companies new investor

Also in the round

  • backs 13 venture-backed companies new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, sales and marketing, scaling operations and working capital.

  • Product development
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

2,394 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.5M, and this round was 1.4 times the median. The closest in time, other companies' Seed rounds in Tech Companies:

Seed rounds in Tech Companies, Jan 2023 to Jan 2025: 2394 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Tech Companies1 Jan 2024$83Mnot disclosednot named
Tech Companies10 Jan 2024$30Mnot disclosedEPIC Ventures
Tech Companies16 Jan 2024$30Mnot disclosedLux Capital and Khosla Ventures
Tech Companies23 Jan 2024$21Mnot disclosedIOSG Ventures and Walden Catalyst
Tech Companies30 Jan 2024$12Mnot disclosedBenchmark
Tech Companies23 Jan 2024$11Mnot disclosedCoatue
Tech Companies12 Jan 2024$10Mnot disclosedFUSE
Tech Companies31 Jan 2024$10Mnot disclosedGreycroft and FPV Ventures

Sources

Where this comes from

Reported by 6 sources.

Questions

Frequently asked

How much did akirolabs raise in its Seed round?

akirolabs raised $5.0M in its Seed round, announced in Jan 2024.

Who led akirolabs' Seed round?

High-Tech Gründerfonds, OTB Ventures and D11Z led it, with Serpentine Ventures.

What was akirolabs' valuation at the Seed round?

It was not disclosed.

How does it compare with other Seed rounds in Tech Companies?

2,394 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $3.5M, and this round was 1.4 times the median.