Berlin-based deep tech startup Apheris raised funding from institutional investors and angel investors, including Twitter chair Patrick Pichette, in a $3 million seed fundraising round.
Founded in 2019, Apheris helps clients analyze data without risking privacy infractions. The free flow of internal data can be a minefield for private businesses, with large bulks of valuable information remaining unusable or unshareable due to privacy, compliance, legal or security concerns. "There are other companies that focus on federated machine learning to enable computing on static and structured data, but they do not enable a data scientist to do data science on third-party data," he added.
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