Berlin AI Firm n8n Secures $180 Million Backing from Nvidia and Deutsche Telekom
Berlin-based artificial intelligence startup n8n has successfully completed a significant funding round, receiving $180 million in new investment. Notable contributors include the American semiconductor company Nvidia and Germany's telecommunications provider Deutsche Telekom, both participating through their respective venture capital divisions. Additional funding was provided by established financial investors such as Accel and Meritech, positioning n8n among the highest-valued startups in Berlin with a valuation of $2.5 billion.
n8n develops and provides software solutions aimed at simplifying the integration and use of artificial intelligence within corporate environments. Its platform employs a graphical interface, allowing users to tailor AI functionalities to specific organizational needs without requiring advanced programming skills. The company's headquarters are located on Novalisstraße in Berlin-Mitte, and it has reported a tenfold increase in revenue for 2024.
The startup's client roster features prominent names in various sectors, including Vodafone, Softbank, Volkswagen subsidiary SEAT, and Berlin-based delivery service platform Delivery Hero. According to n8n, its technology has enabled these customers to achieve substantial operational efficiencies, including millions in cost savings and thousands of workdays saved, while offering the option for clients to securely host and control their own data environments.
With this latest capital injection, n8n plans to enhance its product development, expand its workforce, and accelerate its international growth strategy. The company's software enables organizations to build customized AI infrastructures and adaptive systems that mirror their unique workflows, addressing the challenge many enterprises face in orchestrating and deriving tangible value from their AI investments.
Achieving a valuation above $1 billion, n8n now joins the ranks of Berlin's most significant technology startups, alongside fintech companies such as N26 and Trade Republic, as well as insurance platform Wefox. The influx of funding will support further innovation and expansion, reinforcing Berlin's status as a leading European hub for artificial intelligence and digital transformation.