InstaDeep
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InstaDeep’s acquisition is a classic case of an African startup gone global
This January, Germany’s largest vaccine maker BioNTech announced that it had agreed to acquire Tunisian-born and London-headquartered AI startup InstaDeep for up to £562 million, including a performance-tied £200 million tranche investment. InstaDeep’s deal — subject to regulatory approval and expected to close in the first half of this year — is quite intriguing, for…
BioNTech acquires Tunisian-born and UK-based AI startup InstaDeep for £562M
German-based biotech company BioNTech SE is set to acquire InstaDeep, a Tunis-born and U.K.-based artificial intelligence (AI) startup, for up to £562 million (~$680 million) in its largest deal yet.…
Tunisian enterprise AI startup InstaDeep raises $100M from AI Capital, BioNTech, Google
A recent survey carried out by CNBC reported that 81% of executives worldwide say AI will play a prominent and critical role in how their businesses operate this year. Companies…