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One Data, a Munich, Germany-based data management software company, has raised €32 million in a Series B extension round.
Investors
The round was co-led by Vsquared Ventures, Molten Ventures, and HV Capital.
Vsquared Ventures, founded in 2020 and based in Munich, focuses on investing in deep-tech companies addressing societal challenges.
Molten Ventures invests across the UK and Europe in high-growth technology companies with global ambitions, spanning various sectors including commercial services, digital health, and deep technology.
HV Capital supports internet company founders through early-stage and growth investments across Europe, managing €2.8 billion in assets over nine fund generations.
One Data Use of Funds
The company plans to strengthen its market position, expand internationally, and enhance strategic partnerships to reach a larger customer base.
About One Data
One Data specializes in an AI-powered data product builder. It uses AI to collect, analyze, and connect data points, enhancing the quality of insights across industries like retail, manufacturing, pharma, chemistry, and automotive. The company aims to become a leader in Data Product Management by offering solutions that help businesses efficiently build, manage, and share data products. One Data serves prominent customers such as BioNTech, thyssenkrupp, and SCHOTT in the DACH region (Germany, Austria, and Switzerland).
Funding Details
Company: One Data GmbH
Raised: €32.0M
Round: Series B Extension
Funding Month: July 2024
Lead Investors: Vsquared Ventures, Molten Ventures, HV Capital
Additional Investors:
Company Website: https://onedata.ai/
Software Category: Data Management
Source: https://siliconcanals.com/germany-based-one-data-closes-e32m-in-series-b/