Berlin - Schnittker Möllmann Partners (SMP) has advised Merantix, the Berlin-based venture studio with a focus on artificial intelligence, on the overall structure, on several investments and now also on the structure of its latest 25 million euro fund. The capital will be deployed for a number of new AI companies that Merantix builds and invests into. In the past three years, Merantix has already incubated three companies.
Merantix was founded in 2016 by Adrian Locher, a Swiss serial entrepreneur and investor, and Dr. Rasmus Rothe, a renowned deep learning researcher at ETH Zurich. "Merantix was one of the first venture studios in Germany with a focus on the future-oriented technology of artificial intelligence. Adrian and Rasmus pursue an exciting, entrepreneurial and visionary investment thesis. We are pleased to have supported Merantix from its very early beginnings," says Peter Möllmann, Partner at SMP.
Merantix's platform transfers AI from research into real-world applications through close cooperation with industrial partners on project basis and through the ideation and incubation of transformative companies in Berlin. Both industry and startups benefit from this cooperation, yielding a significant advantage over competitors.
The now announced fund includes investors such as Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation and other European family offices. The new fund is dedicated to building new companies that solve global challenges using the latest AI technology.