DLT Rakes In $1.5M in Pre-Seed Round, Setting New Benchmarks in AI!

photo of a blurred motion
Photo by Loc Dang on Pexels.com

Key Takeaways:

  • DLT recently closed a fundraising round of $1,500,000.
  • The funding was a Pre Seed round led by Dig Ventures, with Ross Mason also investing.
  • DLT, an open-source Python library, aims to ride the new wave of AI.

The future of AI is looking brighter than ever, as AI industry startup DLT successfully raises $1,500,000 in a recent Pre Seed funding round. The startup, short for data load tool, succeeded in securing investments from Dig Ventures and Ross Mason. This only reflects the investors’ confidence in the disruptive potential that DLT brings to the table in the world of Artificial Intelligence.

The fundraising took place on July 20, 2023. This initial round of funding has brought the total funding amount of the startup to the same—$1,500,000. It’s a significant milestone for the Berlin-based open-source python library firm, reflecting its potential in an ever-evolving global AI industry.

Founded in Berlin, DLT is steadily making a name for itself in the AI and Open Source industry. Their promise is backed by its cutting-edge custom open-source Python library, poised to meet the needs of this new wave of AI. With such dedicated solutions, DLT looks all set on its path of innovation, holding the potential to revolutionize the AI, Open Source industry.

With this new investment, there’s much to anticipate from DLT’s future journeys in shaping the world of AI.

Want to amplify your startup’s story? EU Startup News is your launchpad to reach startup founders, investors, and C-level execs across Europe. Discover our tailored promotional strategies such as Sponsored Articles and Partnerships. Click here to learn more or contact us directly at [email protected]. Join us, and let’s make your startup the talk of Europe!

Keep exploring EU Startups  Paris-Based AI Startup 'Dust' Scores €5M Seed Funding, Catching the Eye of Sequoia Capital
Keep exploring EU Startups  Revolution on the Horizon: New Mastermind to Redefine UK's Logistics Software Scene
Previous Story

Cello Platform Accelerates Growth with €3.1M Seed Funding

Next Story

Startup Showcase: Impossible Software Revolutionizing Video Personalization