Founded in 2017 and headquartered in Helsinki, Silo AI connects leading AI scientists with real-world problems and provides state-of-the-art AI expertise and tooling, including its Silo OS infrastructure. The company employs 240+ people, roughly half of whom hold PhDs, and has delivered 200+ production-level AI projects for global clients such as Allianz, Danske Bank, Philips, Rolls‑Royce, Sandvik and the United Nations. Silo AI focuses on AI-driven product R&D across areas like smart devices, autonomous vehicles, industry 4.0 and smart cities. In 2021 the company reported revenue just north of EUR 12m. Management says it is executing an ambitious growth plan to expand its customer offering and scale further across the Nordics and Europe. The stated mission is to build a safe, human‑centric European AI flagship while continuing to prioritise employees during growth. Silo.AI builds end-to-end, customizable artificial intelligence solutions and works as consultants embedded within client teams. The company describes its approach as human-centric and says it focuses on tailoring solutions to client requirements. Founded in 2017 and based in Helsinki, Silo.AI currently has a team of about 40 people. The startup says the €10 million raise will be used to build out its platform and expand its team as it accelerates expansion into the European market. Management has stated an ambition to become "the European flagship AI company." Silo.AI was also instrumental in forming the Nordic AI Alliance to help accelerate AI adoption across Nordic businesses and organisations.

Total raised

$11M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2019