UltiHash, a German data storage startup, has successfully raised $2.5 million in Pre-Seed funding to address the challenges posed by the skyrocketing growth of data. Existing storage solutions often force companies into compromises between high costs and low performance, particularly in hybrid cloud infrastructures where data transfer rates and multi-vendor setups increase complexity.
UltiHash aims to reduce the environmental impact of data growth by enabling it without the need for a proportional increase in storage capacity. The company’s technology offers byte-level deduplication independent of data types, matching binary fragments per and across datasets from terabytes to exabytes.
By implementing UltiHash’s technology, companies can potentially decrease their storage needs by up to 50%, resulting in substantial savings on unnecessary storage and network costs. The technology allows users to store and migrate only the data they truly need without compromising speed, overcoming the scalability-affordability logjam faced by companies expanding their data operations.
Tom Lüdersdorf, Co-Founder and CEO of UltiHash, highlighted the importance of resource optimization in managing data growth sustainably and efficiently. UltiHash aims to make hot storage resource-efficient, enabling the growth of high-performance data-driven applications such as machine learning models, AI, business intelligence, and product engineering.
The funding round, led by Inventure, saw participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen (Founder and angel scout for Sequoia Capital), and other private investors. Rebecka Löthman Rydå, Investor at Inventure, expressed pride in supporting UltiHash, noting the company’s role in leading a tectonic shift in sustainable data storage by eliminating unnecessary data and increasing operational efficiency.
