Deep-Tech made in Germany: 468 Capital from Berlin joins Natif.ai as investor

January 27, 2021

With 468 Capital, Deep-tech startup Natif.ai from Saarbrücken has gained another high-profile investor alongside HTGF. The Berlin-based VC of former Rocket-Internet executives will take a significant stake in the now closed seven-figure financing round.

With Natif.ai, a new player finally appears on the high-tech map of Germany. The experienced founding team has now been able to attract the new leading deep-tech investor from Berlin. 468 Capital was founded by Rocket Internet executives Alexander Kudlich and Ludwig Ensthaler together with Silicon Valley Mesophere founder Florian Leibert, and had raised over 180 million euros in record time. The fund invests exclusively in deep-tech startups that impress with unique future technology in the B2B sector.

According to Ludwig Ensthaler, it was not only the experienced founding team that convinced us, but also the outstanding technology, which represents a forward-looking disruption of a basic technology thanks to the self-developed Deep-OCR.

Natif.ai solves a major problem in the automation of document processes with unprecedented precision and speed, from which every company can benefit.

Ludwig Ensthaler from 468 Capital

The founding team of Natif.ai had specifically chosen 468 Capital.

With 468 Capital we have found a very experienced investor who will both open the door to international markets and massively accelerate our growth with its network and experience.

Johannes Korves, co-founder of Natif.ai

Investment in technology and location

With the seed financing, Natif.ai is primarily investing in the further development of its technology: with the help of various models based on artificial intelligence (AI), they streamline document-based processes in a matter of seconds. This makes processes more efficient and allows employees to focus on their original tasks. Natif.ai will add financial and contract documents as well as insurance policies to its product portfolio within 2021. There are also plans to automate the document input management.

Founding the startup in Saarbrücken rather than Berlin was made quite deliberately. Manuel Zapp co-founder and former employee of the German Research Center for Artificial Intelligence (DFKI), who is responsible for the technology at Natif.ai justifies this, among other things, in the fact that with the Contact Point for Knowledge and Technology Transfer (KWT) at Saarland University and the DFKI, two excellent institutions are available, “which are an essential part of Natif.ai’s success.”

DFKI is also delighted with the success of its spin-off. For Professor Wolfgang Wahlster, an AI pioneer for 40 years, founding director of DFKI and winner of the German President’s Future Prize, current speech technology offers completely new types of digitalization potential.

Natif.ai shows that “AI Made in Germany” is globally competitive and that market-ready solutions are emerging from DFKI. The leap innovation from machine learning to automated understanding of the content of different types of business documents has been created by Natif.ai on the basis of a unique research environment in computational linguistics, language technology and AI that currently exists only in Saarland in Europe.

Professor Wolfgang Wahlster, founding director of DFKI

About Natif.ai
Natif.ai is a deep-tech start-up in the field of intelligent document process automation (IDP). Thanks to high-performance AI models and a self-developed Deep-OCR, a wide variety of documents can be analyzed extremely quick, accurate and relevant data is extracted. Natif.ai provides a fast and efficient way to productively bring artificial intelligence into the economy. It was founded by a German-French team and is an official spin-off of the German Research Institute for Artificial Intelligence (DFKI).

Pressekontakt
JDB MEDIA GmbH
Alexandra Beck-Berge
Schanzenstrasse 70
20357 Hamburg
T.: 040 46 88 32 – 612
Beck-berge@jdb.de

Kontakt
Natif.ai GmbH
Johannes Korves
Campus A11
66123, Saarbrücken
T.: + 49 172 153 13 76
Johannes.korves@natif.ai

About High-Tech Gründerfonds
High-Tech Gründerfonds is a seed investor that finances high-potential, tech-driven start-ups. With around EUR 900 million in total investment volume across three funds and an international network of partners, HTGF has already helped forge almost 600 start-ups since 2005. Driven by their expertise, entrepreneurial spirit and passion, its team of experienced investment managers and startup experts help to guide the development of young companies. HTGF’s focus is on high-tech start-ups in the fields of digital tech, industrial technology, life sciences, chemistry and related business areas. To date, external investors have injected over EUR 2.8 billion into the HTGF portfolio via more than 1,600 follow-on financing rounds. HTGF has also successfully sold interests in more than 100 companies.

Investors in the public-private partnership include the Federal Ministry of Economics and Energy, KfW Capital, the Fraunhofer-Gesellschaft and 32 companies.  The Fund Investors

www.htgf.de/en

Media contact HTGF
High-Tech Gründerfonds Management GmbH
Stefanie Grüter, Head of Marketing & Communications
T: +49 228 – 82300 – 188
E: s.grueter@htgf.de

Kontakt Investor
High-Tech Gründerfonds Management GmbH
Christian Arndt, Investment Manager
T.: +49228 – 82300 – 171
c.arndt@htgf.de

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