Investment

A self-hosted inference platform for enterprises has raised a £9m Series A funding round led by Dawn Capital. 

London-based Doubleword, which was formerly TitanML, will use the funding to continue to grow its team globally and invest in its platform to solve inference problems for its customers.

It has already scaled into the US and secured partnerships with Snowflake and Dataiku, whilst counting K5 Tokyo Black as an investor alongside leading AI entrepreneurs as angel investors, including Hugging Face CEO Clément Delangue and Dataiku CEO Florian Douetteau.

Doubleword is purpose-built for enterprises, with its end-to-end solution enabling enterprises to self-host AI models without having to build, maintain, or optimise complex infrastructure.

The company was one of the earliest movers in the newly formed inference space.

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“Our customers want to build AI-powered applications—not AI infrastructure,” said Meryem Arik, co-founder and CEO of Doubleword.

“We eliminate the heavy lifting of inference at scale so they can go from idea to production faster, without racking up technical debt.

“We ensure that our customers can deploy any AI model with a single click, while always having the latest models and hardware supported – and without being wedded to a single model provider.” 

Haakon Overli, general partner at Dawn Capital, added: “Doubleword is the most exciting startup in this space, and we’re extremely excited to be supporting Meryem, Jamie, Fergus and the team as they take the company to the next level. 

“The team has a market-leading product, and has proven they can flawlessly execute to deliver for global customers. They are scaling a product that businesses need at the right time, with the right expertise.”

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