PandasAI, a Munich, Germany-based startup building a conversational AI Assistant for data analysis, raised over €1M in Pre-Seed funding.
The funding has been provided by Luxembourg-based Runa Capital, Episode1, which is based in London, and Vento, the Italian chapter of Exor Ventures.
The company intends to use the funds to ramp up its hiring and talent acquisition efforts.
Led by Gabriele Venturi, Founder, PandasAI is an open-source data analysis solution designed to simplify and enhance data interaction. By combining Generative AI with its pandas library, it allows users to query and analyze data using natural language, facilitating tasks such as graph generation and cross-dataframe correlations. The project, which operates under an MIT license, allows users to access Large Language Models (LLM), like GPT-4, on top of enterprise data without the need to send the data to OpenAI or other generative AI platforms.
To date, several Fortune 500 companies have approached PandasAI to commence development on pilot projects with them.
FinSMEs
02/10/2023