Peltarion

The company's core offering was the Peltarion Platform, a low-code, end-to-end environment that enabled users to build, train, deploy, and manage deep learning models. The platform was designed to streamline the entire workflow, from data preprocessing to putting models into production, featuring a graphical user interface to simplify development. This allowed organizations, even those without extensive data science expertise, to create and implement custom AI solutions. Use cases for the platform were diverse, including applications to help doctors segment cancer tumors and to assist farmers in optimizing crop yields.

After its pivot, Peltarion secured significant funding, including a Series A round in 2019 that brought its total investment to €30 million and valued the company at an estimated $110 million. This supported the company's growth to a team of 70 and its mission to democratize AI. In a significant milestone, Peltarion was acquired in June 2022 by King, the mobile game developer known for Candy Crush. Following the acquisition, the Peltarion platform was shut down on September 30, 2022, as its technology and team were integrated into King to enhance game design, development, and live operations through AI. Founders Luka Crnkovic-Friis and Måns Erlandsson joined King's leadership team to spearhead its AI and machine learning initiatives.