Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services

17 Mar, 2021

Sherpa raises $8.5M to expand from conversational AI to B2B privacy-first federated learning services
Photo by Mike Kononov on Unsplash

– Sherpa, a startup from Bilbao, Spain that was an early mover in building a voice-based digital assistant and predictive search for Spanish-speaking audiences, has raised some more funding to double down on a newer focus for the startup: building out privacy-first AI services for enterprise customers.
– The company has closed $8.5m funding.
– The funding is coming from Marcelo Gigliani, a managing partner at Apax Digital; Alex Cruz, the chairman of British Airways; and Spanish investment firms Mundi Ventures and Ekarpen.
– The funding is an extension to the $15m Sherpa has already raised in a Series A.
– From what I understand, Sherpa is currently also raising a larger Series B.

Artificial Intelligence Europe Internet of Things Machine Learning Mobile Mobile Apps Natural Language Processing Predictive Analytics Virtual Assistant
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