[Funding alert] Berlin-based UltiHash Secures $2.5m in Pre-Seed Funding

UltiHash, a Berlin-based company, secures $2.5 million in pre-seed money. Inventure led the round, with participation from angel scout for Sequoia Capital Antti Karjalainen, The Nordic Web, Tiny VC, Futuristic VC, and other private investors.

UltiHash, a data storage infrastructure, was established in 2022 by Tom Lüdersdorf, Co-Founder and CEO, and Katja Belova, CTO. It enables businesses to increase data sustainably.

Read also – CA-based ImpriMed Secures $23M in Series A Round Funding

The company optimised the resource efficiency of Big Data applications by integrating cloud and on-premises architectures with a unified storage infrastructure.

The technology breaks the impasse between scalability and affordability that businesses encounter when expanding their data operations. Users only store and migrate the data they need without compromising speed, allowing them to save millions on unnecessary storage and network costs. Companies may decrease their storage needs by up to 50% thanks to this technology.

Read also – MO-based NewLeaf Symbiotics Secures $45M in Series D Round Funding

UltiHash supports the development of high-performance data-driven applications in a sustainable and economical manner through decreasing the quantity of data stored. These applications includes product engineering, business intelligence, artificial intelligence, and machine learning models. There is very little influence on the environment and every byte is used to its full potential.

About UltiHash

UltiHash, Utilise high-performance object storage with integrated resource optimisation to unleash the power of your data. Sustainable and effective: they store data more effectively, reducing your infrastructure requirements by up to 50% that are depending on volume.
Extremely quick: designed for high-performance uses in analytics, product engineering, AI, and machine learning.

Read also – TuMeke Raises $10M in Series A Funding led by Intel Capital