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Founded Year

2016

Stage

Series D | Alive

Total Raised

$419.93M

Valuation

$0000 

Last Raised

$210M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-32 points in the past 30 days

About Aiven

Aiven is a trusted data and AI platform company that specializes in cloud data infrastructure management across various industries. The company offers a suite of services to stream, store, and serve data, utilizing open-source technologies and providing a unified experience across major cloud providers. Aiven's platform is designed to simplify the management of data infrastructure, enabling organizations to focus on innovation and value creation. It was founded in 2016 and is based in Helsinki, Finland.

Headquarters Location

Antinkatu 1 6th floor

Helsinki, 00100,

Finland

860-908-6924

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ESPs containing Aiven

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Data Management

The open source databases market revolves around the development, distribution, and utilization of database management systems (DBMS) that are released under open source licenses. Open source databases provide users with the freedom to access, modify, and distribute the source code, allowing for customization, collaboration, and community-driven development. Additionally, Open source databases off…

Aiven named as Outperformer among 14 other companies, including Microsoft, SingleStore, and Starburst.

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Expert Collections containing Aiven

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Aiven is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

Aiven Patents

Aiven has filed 5 patents.

The 3 most popular patent topics include:

  • automotive technologies
  • battery electric cars
  • battery electric vehicle manufacturers
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/15/2018

12/1/2020

Honeycombs (geometry), EPUB readers, Physical oceanography, XML, XML editors

Grant

Application Date

12/15/2018

Grant Date

12/1/2020

Title

Related Topics

Honeycombs (geometry), EPUB readers, Physical oceanography, XML, XML editors

Status

Grant

Latest Aiven News

Finland’s DataCrunch bags €12M to provide affordable AI computing infrastructure

Oct 21, 2024

Helsinki-based DataCrunch, a provider of AI computing infrastructure, announced on Monday that has raised $13M (approx €12M) in a seed funding round led by byFounders. Other participants in the round include J12 Ventures, and several prominent angels, including Oskari Saarenmaa (founder of Aiven), Tuomo Riekki (founder of Smartly), former AI researchers and founders from the likes of DeepMind and Elo Health, and continuous support from the Finnish insurance company Local Tapiola and Nordic bank Nordea. The company will use the funds to scale infrastructure as it sets out to become Europe’s first hyperscaler. With the capital, DataCrunch plans to scale its team further and expand its services to meet growing demand across Europe and beyond. The announcement comes as the company is set to launch its use of Nvidia H200 servers and clusters, and will adopt GB200 NVL72 clusters next year, further expanding the speed, capacity, and capabilities of the infrastructure it provides. This seed round brings the company’s total capital raised to $18M (approx €16.5M). “DataCrunch was born out of frustration with the existing hyperscaler offerings. AI companies deserve better access to computing without the complexity and high costs that have become the industry norm”, says Ruben Bryon, Founder and CEO of DataCrunch. “With this new round of funding, we are scaling our infrastructure to meet the growing demand, and firmly positioning ourselves as Europe’s leading provider of AI infrastructure,” adds Bryon. DataCrunch: Provider of AI computing infrastructure Founded in 2020 by Ruben Bryon, DataCrunch provides high-performance, cost-effective cloud GPU solutions for AI training and interference. The company enables businesses to scale computing resources up or down—including storage, processing power, and networking—providing infrastructure that can adjust to fluctuating demand while efficiently managing large computational needs. With data centres in Finland and Iceland, known for renewable energy, the company serves AI workloads at a fraction of the cost of traditional cloud providers. The platform also offers self-service tools for deploying proprietary models with ease. The investor byFounders VC is a community-powered early-stage VC that backs the next generation of globally ambitious and impact-aware founders. “We are proud to lead this investment round for DataCrunch”, adds Magnus Hambleton at byFounders. “Ruben and his team have built an incredibly efficient model that not only solves a pressing issue for AI companies but also solidifies DataCrunch’s position as a key player in AI infrastructure. As the industry races to find solutions that are convenient, cost-effective, and scalable, we are pleased to support DataCrunch on its path to becoming the first European hyperscaler,” Hambleton. Topics:

Aiven Frequently Asked Questions (FAQ)

  • When was Aiven founded?

    Aiven was founded in 2016.

  • Where is Aiven's headquarters?

    Aiven's headquarters is located at Antinkatu 1, Helsinki.

  • What is Aiven's latest funding round?

    Aiven's latest funding round is Series D.

  • How much did Aiven raise?

    Aiven raised a total of $419.93M.

  • Who are the investors of Aiven?

    Investors of Aiven include Earlybird Venture Capital, Institutional Venture Partners, Atomico, WiL, Salesforce Ventures and 15 more.

  • Who are Aiven's competitors?

    Competitors of Aiven include Redpanda and 3 more.

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