Trail closes €1.45M in pre-seed funding led by CapitalT to build trustworthy AI solutions
07/11/24, 6:31 AM
Location
munichMoney raised
€1.45 million
Industry
machine learning
artificial intelligence
software
Round Type
seed
Investors
Common Magic, Mozilla Ventures, Np Hard Ventures, Capital T
Munich-based trail, founded by TU Munich alums, has closed €1.45 million in pre-seed funding. The round was led by early-stage investor CapitalT, with participation from NP-Hard Ventures, Mozilla Ventures, Common Magic, and various business angels. The fresh capital will help accelerate trail’s product development, expand its talented team, and strengthen its market position as the go-to solution for AI governance in Europe.
Company Info
Location
munich, bavaria, germany
Additional Info
Trail is a Munich-based company founded in 2023 by Anna Spitznagel, Nikolaus Pinger, and Sven Hölzel. The company focuses on building a developer-friendly platform for scalable, trustworthy AI development, addressing the urgent demand for AI governance. Trail aims to empower companies committed to AI quality and trust, enabling responsible AI development and use without additional overhead.