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Granite Raises €4 Million in Funding Led by Bifrost Studios

Granite has raised €4 million in a round led by Bifrost Studios to commercialize an AI infrastructure platform designed to give companies more control over where their AI runs and who owns the underlying systems.

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Granite has completed a €4 million funding round led by Bifrost Studios as it moves to commercialize an AI infrastructure platform built to serve enterprise customers.

The platform is designed to give businesses greater control over where their AI workloads run and who effectively owns the infrastructure beneath them. The company says the technology aims to counter growing dependence on large hyperscalers and hyped cloud solutions by offering more controlled, proprietary deployment options.

CEO Peter Damm says the technology has been in development for eight years and will now be brought to market to help companies navigate and manage their AI needs more effectively.

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Granite Raises €4 Million in Funding Led by Bifrost Studios

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