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Aleph Alpha

Heidelberg, Germany Artificial Intelligence Acquired

Aleph Alpha is a German AI company developing Luminous, a family of large language models designed for enterprise and government use with a focus on explainability, data sovereignty, and European regulatory compliance including GDPR. The company specializes in building AI solutions for organizations requiring transparent AI outputs and local data residency.

Acquired

Aleph Alpha has been acquired

Acquired by Cohere April 24, 2026

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2019

Employees

300–400

Total Funding

$535.32M

4 rounds

Funding

Total raised $535.32M across 4 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series B

Date

November 2023

Amount

$500M

Valuation

Lead Investors

Schwarz GroupBosch VenturesInnovation Park AI
DateRoundAmount RaisedValuationLead Investors
April 24, 2026 Merger / Acquisition $2M $20B Cohere
November 2023 Series B $500M Schwarz Group, Bosch Ventures, Innovation Park AI
July 27, 2021 Series A $27M Earlybird VC, Lakestar, UVC Partners

Prominent Investors

SAP Burda Principal Investments HP Enterprise Christ& Company Consulting Bosch Ventures Schwarz Group Innovation Park Artificial Intelligence

Leadership

  • Jonas Andrulis

    Chairman of the Advisory Board (formerly CEO/Co-Founder)

    LinkedIn
  • Samuel Weinbach

    Co-Founder & Co-Chief Research Officer

    LinkedIn
  • Ilhan Scheer

    Co-Chief Executive Officer

  • Reto Spörri

    Co-Chief Executive Officer

  • Yasser Jadidi

    Co-Chief Research Officer

  • Lucie Prinz

    Chief People Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • OpenAI

    US-based AI leader known for GPT models; dominates enterprise market for general-purpose LLMs

  • Anthropic

    US-based AI company developing Claude models with focus on AI safety and enterprise reliability

  • Mistral AI

    Paris-based European AI company positioning as non-American alternative with emphasis on open-source models

  • Cohere

    Canadian enterprise AI company; acquired/merged with Aleph Alpha in April 2026 to form sovereign AI entity

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