Silo AI
The largest private AI Lab in the Nordics
Sectors
TechWebsite
www.silo.aiSilo AI was founded in 2017 to connect leading AI scientists with real-world problems and help companies succeed in building cutting-edge AI. Headquartered in Helsinki, Finland, it has grown to become the largest private AI lab in the Nordics with a mission to build a European AI flagship. The company provides state-of-the-art AI expertise and tooling, having delivered over 200+ production-level AI projects to date through a team of 240+ employees out of which 50% have PhDs.
Silo AI is part of the Altor Digital initiative.
Why we believe in Silo
- The AI services market fundamentally attractive with secular double-digit growth
- Silo AI is the leading private AI lab in the Nordics and represents an attractive platform to build a European AI flagship
- Opportunity to expand the customer offering and develop a scalable operating model
About Silo AI
2022 turnover (Calendar year)
EUR 15M
Employees
161
Investment date
Jun 2022
Fund
Fund V
Team
Peter Sarlin | CEO
Related
Conversation | Case
Accelerating human-machine collaboration
Looking to build an artificial intelligence powerhouse in the Nordics, Altor found a company already holding the title. And through a new partnership, Silo AI and Altor will take their cutting-edge technologies even further.
News | Press release
14 Jun 2022
Altor and Silo AI Partner to build a leading European AI flagship
Conversation | In the media
From intern to Partner
He started out as Altor's very first intern, today he is Partner and heads our tech sector. Meet Mattias Holmström and listen as he goes into detail about what we look for when we invest in companies in tech. In Swedish.
Conversation | Spotlight
Meet Dr. Nicolaus Henke
We have the privilege to welcome Dr. Nicolaus Henke to our community of challengers and change makers as a member on Silo AI's Board of Directors.
News | Press release
10 Aug 2023
MW Investment B.V. completes take-private acquisition of Meltwater
Conversation | Case
Fast internet with a smart footprint
SeenThis has developed technical solutions to help tackle the issue of carbon emissions coming from our data usage.
News | Press release
18 Jan 2023
The Board of Directors of Meltwater concludes Strategic Review and unanimously recommends an intended voluntary offer from MW Investment B.V. to acquire all shares of Meltwater
Conversation | In the media
Learning from the best
What motivates our decisions and how much of our career path can we control? When listening to Mattias Miksche tell stories from his life, we are reminded that the path to becoming an entrepreneur can take many forms. In Swedish.
Conversation | Perspective
Tech take-over
Technology continues to reshape the world, with underlying secular trends driving strong growth for the decade to come. From scaling SaaS companies, indie-gaming to digital consultancies, in the last years, Altor has heavily increased the investments and partnerships in the sector. Let Mattias Holmström explain why.
Conversation | Case
Raw talent
Can, what looks like a traditional PE-fund, be a partner for a young indie-developer producing the most artistically inspired games out there? The owners of Raw Fury thought so and partnered up with Altor for the next step of their journey.
Conversation | Case
AI as the engine for growth
Meltwater was the world’s first pure online media monitoring company. But since inception in 2001 the information landscape has changed radically, with social media often having larger impact than the original source.
Conversation | Case
Being smart about data usage
Speeding up the internet with a low carbon footprint in mind.
Conversation | Spotlight
Three questions on digitalization
Meet Mattias Miksche – entrepreneur, board professional, investor and member of the Altor Tech Advisory Board.
Our Tech community
2022 turnover
EUR 116M
Employees
ca 624
Investment date
Dec 2019
Fund
Fund V
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EUR 411M
Employees
ca 2200
Investment date
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Fund
Fund III and Fund VI
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EUR 37M
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198
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Jul 2007
Fund
Fund II
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EUR 63M
Employees
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Investment date
Jan 2021
Fund
Fund V
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EUR 15M
Employees
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Investment date
Jul 2021
Fund
Fund V
2022 turnover
EUR 24M
Employees
ca 154
Investment date
Jul 2021
Fund
Fund V
2022 turnover
EUR 15M
Employees
161
Investment date
Jun 2022
Fund
Fund V
What we’re reading
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15 Sep 2023 — ft.com
‘He is driven by demons’:
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How Silicon Valley Got Into Investing in Climate Tech
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