Munich, Germany – October 30, 2024
Pruna AI, a cutting-edge platform simplifying machine learning (ML) model optimization, has raised $6.5 million in a seed funding round led by EQT Ventures. Other participants include Daphni, Motier, Kima Ventures, and prominent angel investors such as Roxanne Varza, Hervé Nivon, and Olivier Pomel. The funding will be directed towards expanding Pruna’s technical team, accelerating product development, and driving global adoption of its innovative solution.
Redefining AI Efficiency and Sustainability
Founded by a team of leading ML researchers with over 30 years of combined experience and a portfolio of 270+ published papers, Pruna AI addresses the growing demand for efficient, cost-effective, and environmentally sustainable AI development. The platform streamlines deep learning models through advanced compression methods such as pruning, quantization, and caching, enabling ML teams to optimize models seamlessly across various hardware setups.
Co-founder Bertrand Charpentier emphasized the platform’s mission: “Pruna AI is committed to helping engineers develop AI in the fastest, cheapest, and most sustainable way possible. With EQT Ventures’ support, we’re scaling our vision to make efficient AI accessible to all.”
Key Benefits of Pruna AI
• Cost and Time Savings: Automates the painstaking optimization process, reducing resource demands and freeing teams to focus on R&D.
• Sustainability: Compresses ML models to reduce energy consumption by up to 91%, significantly lowering carbon footprints and extending hardware lifespan.
• Accessibility: Democratizes AI by supporting companies of all sizes, empowering developers without Big Tech resources to innovate effectively.
Meeting Industry Demands
With AI adoption soaring and the cost of model training tripling since 2016, Pruna AI offers a timely solution for businesses facing the challenges of resource constraints and environmental accountability. By bridging efficiency and sustainability, the platform aligns with the priorities of modern enterprises while fostering global innovation.
Carl Svantesson, Partner at EQT Ventures, remarked: “Pruna AI stands out for its ability to balance rapid growth with environmental responsibility. We’re thrilled to support their mission to democratize AI while championing a sustainable future.”
Looking Ahead
Pruna AI plans to use the funding to scale its team, enhance platform capabilities, and solidify its position as a leader in sustainable AI optimization. With its headquarters in Munich and Paris, the company is well-positioned to capitalize on Europe’s vibrant tech ecosystem and expand globally.
For more information, visit pruna.ai.
