Peltarion

Stockholm, Sweden Founded: 2004 • Age: 22 yrs Acquired By King
Neural networks are deployed via a cloud-based AI platform.

About Peltarion

Peltarion is a Technology company based in Stockholm (Sweden) founded in 2004, and was acquired by King in June 2022. Neural networks are deployed via a cloud-based AI platform. Peltarion has raised $36.57 million across 3 funding rounds from investors including King, EQT Ventures and FAM AB. The company was acqui-hired. Its focus areas include High Tech, Native AI Infrastructure, Machine Intelligence Systems and Machine Learning Platforms.

Company details

Peltario provides Peltarion Platform which is a cloud-based operational AI platform that allows users to build, train and deploy their own deep learning models in a visual development environment, even if theyre not an AI superstar. It is powerful and easy to use deep learning platform. The community edition of the Peltarion Platform allows everyone to get started for free and gives access to a generous starting package, with 50 free GPU hours. While the Enterprise package bundles access to the Platform with a wide range of AI services delivered by the team of AI experts at Peltarion.

  • Headquarters Stockholm, Sweden
  • Stage Acquired
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website peltarion.com
  • Social LinkedIn X
  • Acquired by King (Jun 2022)
Key Metrics
  • Total Equity Funding
    $36.57M (USD)

    in 3 rounds

  • Latest Funding Round
    $20M (USD), Series A

    Dec 2018

  • Investors
    King

    & 3 more

  • Acquired by
    King

    (Jun 2022)

Funding Insights of Peltarion

Peltarion has successfully raised a total of $36.57M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $36.57M
  • Total Rounds 3
  • Last Round Series A β€” $20M
  • First Round $3.45M

    (Oct 2016)

  • Investors Count 3

All 3 funding rounds of Peltarion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$20MSeries A–Euclidean Capital
May 2018$13.13MSeries A–EQT Ventures, FAM
–
Oct 2016$3.45MSeries A–EQT Ventures
–
Valuation history

4 investors in total: 4 institutional.

Investors in Peltarion

Peltarion has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include King, EQT Ventures and FAM AB.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in technology and innovation sectors.
eqtventures.com
Limited information is provided about FAM AB's operations.
fam.se
Multiple sectors are invested in by this single-family office.
euclideancapital.tcc.modeNew York, United States
King is recognized as a leading interactive entertainment company focused on mobile gaming.
2003king.comLondon, United Kingdom
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Investor details for Peltarion

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Timeline of Peltarion

4 dated milestones of Peltarion across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Peltarion is founded.
  2. Funding First funding round of $3.4M.
  3. Funding Latest funding round, Series A, of $20.0M.
  4. Exit Acquired by King.

Web traffic of Peltarion

Websites that share an audience with Peltarion (peltarion.com).

Similar websites

Websites whose visitors overlap most with Peltarion. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
easynn.com
easynn.com
100%
–
neuroxl.com
85%
View details
neuralware.com
84%
1.1K#14,587,170View details
nnwj.de
nnwj.de
75%
#6,679,781–
learnartificialneuralnetworks.com
learnartificialneuralnetworks.com
73%
#9,272,306–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Peltarion

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  • 10 similar websites
  • Audience overlap
  • Engagement analytics
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Verified entity values are shown only after access is granted.

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Frequently Asked Questions about Peltarion

Peltarion was founded in 2004 and raised its 1st funding round 12 years after it was founded.

Peltarion is headquartered in Stockholm, Sweden.

Peltarion is a funded company, having raised a total of $36.57M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.45M, raised on Oct 2016.

Peltario provides Peltarion Platform which is a cloud-based operational AI platform that allows users to build, train and deploy their own deep learning models in a visual development environment, even if theyre not an AI superstar. It is powerful and easy to use deep learning platform. The community edition of the Peltarion Platform allows everyone to get started for free and gives access to a generous starting package, with 50 free GPU hours. While the Enterprise package bundles access to the Platform with a wide range of AI services delivered by the team of AI experts at Peltarion.

Peltarion has 4 investors. Key investors include King, EQT Ventures, FAM AB, and Euclidean Capital.

Yes. Peltarion was acquired by King in June 2022.

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