Prior Labs

Acquired

Freiburg, Germany AI lab that pioneered Tabular Foundation Models (the TabPFN series, published in Nature). Sets state-of-the-art on tabular benchmarks for structured enterprise data. Acquired by SAP in May 2026 in a deal valued at €1B over four years.

Founders Frank Hutter, Noah Hollmann, Sauraj Gambhir

CEO Frank Hutter

Company

Founded

2024

Headquarters

Freiburg, Germany

Financials

Total Funding

Sectors

Artificial Intelligence Data & Analytics Enterprise Software

priorlabs.ai

Funding History

1 round

Acquired by SAP May 5, 2026

$1.2B

Undisclosed Jan 15, 2025

Undisclosed

Academic spinout (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.