Bosch Ventures co-leads investment round in AI startup Aleph Alpha

Stuttgart, Germany – Bosch Ventures, the Bosch Group’s corporate venture capital unit, is co-leading the Series-B investment round in the AI startup Aleph Alpha together with companies from the Schwarz Group and the Innovation Park AI (Ipai) in Heilbronn, Germany. Aleph Alpha will receive more than USD 500 million in funding from a strong industry consortium comprising seven new investors, existing investors are joining the oversubscribed round. Thanks to this financial support, the startup will have even better opportunities to take its AI research further and to accelerate the development and commercialization of generative AI in complex and critical applications in areas such as manufacturing, healthcare, finance, law, government, and security.