Goldman Sachs-backed German AI company osapiens is expanding its UK operations, with plans to invest €35m (£30.3m) in the region.
The Mannheim-headquartered group, which specialises in AI solutions for sustainable growth, said it will create more than 150 new high-skilled jobs in Britain as part of its “long-term commitment” to the UK.
The firm, valued by Dealroom to be worth between $480m (£356m) and $720m (£534m), already works with a handful of UK-based clients, including Tesco, BAT and DS Smith.
“Our expansion into the UK marks a major step in our mission to help companies meet sustainability and compliance goals through AI-driven innovation,” said Alberto Zamora, co-founder and chief executive of osapiens.
“The UK’s leadership in AI and its commitment to responsible tech make it a natural partner for us.
“We are excited to strengthen our collaboration with industry and government, and to contribute to a shared vision of secure, sustainable, and future-ready supply chains across Europe.”
The move follows the announcement of an expanded collaborative relationship between British and German tech companies that came from a meeting between Prime Minister Keir Starmer and Chancellor Friedrich Merz.
“This investment from osapiens is a boon for the UK and our ambition to be a global powerhouse on AI-led innovation and growth,” said UK Tech Secretary Peter Kyle.
“Their expansion will bring more high-wage jobs to the UK and help companies across the country to grow sustainably.
“This is another signal of the long-standing partnership on science and technology between the UK and Germany, helping to underpin the historic bilateral treaty signed between our two countries.”