Prem Labs Raises $14M in Seed Funding to Advance Open-Source AI Technologies

Prem Labs collaborates with universities on AI research and provides on-premise AI model deployment for enhanced privacy and control.

Prem Labs Raises $14M in Seed Funding to Advance Open-Source AI Technologies
Source: Prem Labs

Company Name: Prem Labs
Location: US
Sector: AI Research
Funding Details: Raised $14M in Seed funding from investors including a co-founder of Sequoia Capital China, David Maisel, and Alan Lipschitz.
Purpose of Investment: To expand operations and R&D sector.


Leadership: Led by CEO Simone Giacomelli.


Product: A platform that allows clients to train and fine-tune state-of-the-art generative AI models with full sovereignty and privacy.


About Company: Prem Labs collaborates with universities on AI research and provides on-premise AI model deployment for enhanced privacy and control.