Deepset, an AI startup that helps companies build apps with LLMs, just raised $30 million with this 12-slide pitch deck

• Deepset, a German AI startup that offers LLM developer tools, has raised $30 million. 
• London-based investor Balderton Capital led the round into the five-year-old company.
• The company wants to expand its Haystack product and grow its presence in the US. 

German AI startup Deepset has raised $30 million in a round led by Revolut investor Balderton Capital.

The Berlin-based company, founded in 2018, offers enterprise developer tools to businesses like Airbus and Siemens to build applications with LLMs. Deepset’s natural language processing enables companies to query their own data faster and at an increased scale, without specific AI expertise.