New architectures & efficiency · Freiburg, DE · founded 2024
Prior Labs: who founded it, who funds it
Prior Labs is a Freiburg AI architecture lab founded in 2024 by Frank Hutter, Noah Hollmann and Sauraj Gambhir, who came from Freiburg. What it is building: tabPFN, a tabular foundation model; acquired by SAP for more than €1B in May 2026. No funding round has been disclosed. Acquired by SAP, May 2026.
- Founders
- Frank Hutter (ex-Freiburg), Noah Hollmann, Sauraj Gambhir
- Founders from
- ex-Freiburg
- Location
- Freiburg, DE (Europe)
- Valuation
- ·
- Raised
- · disclosed
- Investors
- SAP
- What ships
- Acquired
- Notes
- Acquired by SAP, May 2026.
Sources
- NEA neolab market nea.com
News
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Oct 8, 2026
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Sep 18, 2026
- Jul 31, 2026
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Jul 22, 2026
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Jul 17, 2026
+1 more coverage
- AI Weekly SAP Closes Prior Labs Deal, Pledges €1B+ for Tabular AI Lab
- May 11, 2026
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May 4, 2026
+2 more coverage
- SAP News Center SAP to Acquire Prior Labs to Establish a Globally Leading Frontier AI Lab in Europe
- Pulse 2.0 SAP To Acquire Prior Labs And Invest Over €1 Billion To Build Frontier AI Lab In Europe
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