KPMG and Merantix form strategic partnership to move AI forward in Europe
KPMG and Merantix form strategic partnership to move AI forward in Europe
KPMG and Merantix form strategic partnership to move AI forward in Europe
Berlin, December 16, 2024
KPMG in Germany and Merantix have entered a strategic partnership to accelerate innovation and capitalize on the growing adoption of artificial intelligence across the German and European market.
The collaboration is anchored by KPMG’s investment in Merantix Capital’s AI Fund, which invests in and builds category-defining startups on AI’s application layer. The partnership between KPMG and Merantix will further include joint innovation and thought leadership across community initiatives and events. With the long-term partnership, Merantix and KPMG are contributing to the growth of the European AI ecosystem, thereby boosting the region's technological competitiveness in the global arena.
With Merantix as a partner, we can ideally complement our AI expertise. The cooperation gives us access to groundbreaking AI technologies and use cases from Merantix Capital's portfolio companies and network of founders. At the same time, we use our extensive regulatory and technical expertise to help ensure that our clients can adopt AI safely and with trust. The partnership strengthens our ability to even more strongly support our clients in their complete digital transformation, spanning from strategy development to the implementation of their digital operating and business models.
“This collaboration is part of a broader effort to build strong connections between Merantix and innovative, forward-thinking corporations looking to accelerate AI’s future,” said Adrian Locher, Co-founder of Merantix and General Partner at Merantix Capital. “KPMG is a dream partner, given the company’s vast knowledge and network, as well as its passion for implementing AI throughout industries in Europe working to modernize. Crucially, this partnership is more than an investment in our latest early-stage venture capital fund. It’s about joining forces to enhance Europe’s AI community together.”
Investment: Enabling founders to make a difference with AI
As the first pillar of the partnership, KPMG has made an investment in the AI Fund of Merantix Capital that invests in pre-seed and seed-stage AI-native companies. The Merantix Capital portfolio has a wide range of technical solutions that complement the KPMG service portfolio, for example sectors including healthcare and manufacturing and in areas such as legal, ESG and cybersecurity.
Services: Collaboration on projects
KPMG and Merantix Momentum, the group's AI solutions firm, will work together to identify new project opportunities, drawing on each other’s respective sector and technical strengths to add value for clients in all aspects of AI. Merantix and KPMG will work together closely to discover other cutting-edge AI use cases, enhancing both of their respective businesses and offerings.
Community: Enhancing AI knowledge transfer
Through the partnership, KPMG and Merantix will further collaborate on a series of community initiatives that promote AI innovation in Germany and Europe.
KPMG will be an active member of the Merantix AI Campus in Berlin, contributing to and leveraging Europe’s largest AI hub with 80 resident companies and more than 200 events annually. Furthermore, KPMG will be one of the presenting partners of the AI House, an annual multi-stakeholder global platform on the future of AI taking place in Davos this January.
About Merantix:
Merantix is Europe’s leading AI group, focusing on investing, building, and growing AI. The Merantix group includes Merantix Capital, an early-stage venture capital firm working with founders to bring AI into real-world applications in sectors ranging from healthcare to manufacturing to life sciences. Founded in 2016, Merantix’s other initiatives together make up the largest AI community in Europe, including AI solutions business Merantix Momentum and the Merantix AI Campus in Berlin Mitte, a coworking and events platform with more than 80 companies and 200+ annual events.
About KPMG:
KPMG is an organization of independent member firms with more than 273,000 employees in 143 countries and territories. In Germany, too, KPMG is one of the leading auditing and advisory firms and is present in 27 locations with over 14,000 employees. Our services are divided into the business areas of Audit, Tax and Advisory. The focus of Audit is the auditing of consolidated and annual financial statements. Tax represents KPMG's tax advisory services. Advisory, which is divided into Consulting, Deal Advisory and Performance & Strategy, combines our extensive professional expertise in business, regulatory and transaction-oriented topics. Our range of advisory services also includes legal counsel, which is provided by the legally independent commercial law firm KPMG Law.
Press contact:
Steven Perlberg
Head of Communications, Merantix Capital
Stv. Leiter Unternehmenskommunikation
KPMG AG Wirtschaftsprüfungsgesellschaft
T +49 89 9282 1722
creisbeck@kpmg.com