Sweden
Scaleout, founded in 2018 and headquartered in Sweden, specializes in federated learning solutions, enabling secure and scalable AI across various devices. With a compelling slogan, "Federated Learning enables secure and scalable AI on all devices, protecting your data," the company is positioned to cater to regulated industries, including Finance, Health Care, Information Technology, Manufacturing, Automotive, and Machine Learning.
Scaleout's innovative FEDn framework facilitates the development and deployment of collaborative AI models, operating seamlessly from cloud to edge. This approach resonates particularly well with sectors like IIoT, Automotive, and Defense, where data security and local data processing are critical.
Recent validation of Scaleout's growth potential came with a $1.50M Seed Round investment on 01 January 2023, backed by Almi Invest. This financial support underscores investor confidence in Scaleout's ability to disrupt and enhance the AI landscape.
