AI Meets Empathy: Cologne-Based EdTech Start-Up DeepSkill Secures €1.5 Million in Growth Capital

With the successful completion of the latest financing round, DeepSkill continues to advance the vision of combining human and machine skills.

The rapid rise of artificial intelligence gives us an incredible amount of data and countless opportunities for automation, analysis and data processing. But what ChatGPT and Co. cannot do: empathy, human connection and leadership.

This is where DeepSkill comes in: In times of digitalization and the growing influence of artificial intelligence, we help companies train the emotional abilities, so-called “human skills,” of their employees. By combining intelligent technology in the form of our own learning platform and practical development of key human, emotional skills, DeepSkill brings employees and companies to success.

DeepSkill receives new growth capital of around 1.5 million euros from investors and through research allowances for tech developments from the Federal Ministry of Economics. DeepSkill also made it into the selection of the Cologne Framework [AI Innovations] 2024 funding program from CologneBusiness Development Agency (suitable blog article).

Business angel and new investor Dr. Bettina Volkens, member of the encourageventures network and ex-CHRO of Lufthansa, says:”With DeepSkill, Miriam Mertens is setting new standards for how we can use technology to strengthen and expand our human qualities. With DeepSkill, we are investing in a future where humanity and technology go hand in hand”.

Existing investors are also optimistic: Existing investors who recognized DeepSkill's potential as a bridge builder between artificial intelligence and emotional intelligence at an early stage include the High-Tech Gründerfonds (HTGF) and Kienbaum. Both have once again invested significant sums in the start-up.

Angel investor and co-founder of encourageventures Anna Kaiser is also convinced as an existing investor:”DeepSkill is an investment in the future of our workforce. Your platform is critical to developing a generation that is both tech-savvy and emotionally competent, which is becoming increasingly important in our increasingly automated world”.

With the new funding, DeepSkill will develop further features that advance learning experience and training effectiveness through AI optimization. DeepSkill is also planning to expand its international relationships for the Europe-wide rollout.

Miriam Mertens, DeepSkill CEO & Co-Founder, explains:”With the support of our investors, who recognize the importance of emotional intelligence in technologically advanced work environments, we are well positioned to further expand our leading role in the area of human resources development”.

The full press release can be downloaded below.

‍