Prior Labs Headlines

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TechCrunch

SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw

SAP announced its intention to acquire German AI startup Prior Labs for an undisclosed amount. Pending regulatory approval, SAP plans to invest €1 billion (approximately $1.16 billion) into the business over the next four years to grow it into an AI lab focused on structured data — the tables and databases where enterprise information typically sits.

Companies:Prior Labs
AnnouncementMay 4, 2026

SAP Newsroom

SAP to Acquire Prior Labs to Establish a Globally Leading Frontier AI Lab in Europe

SAP SE and Prior Labs, the pioneer of Tabular Foundation Models (TFMs), announced that they have entered into a definitive agreement for SAP to purchase Prior Labs

Companies:Prior Labs
AnnouncementMay 4, 2026

Prior Labs Blog

The Next Chapter for Prior Labs

Prior Labs signed a definitive agreement to be acquired by SAP to become the next frontier AI lab.

Companies:Prior Labs
AnnouncementMay 4, 2026

Balderton Capital Blog

Prior Labs raises €9m to revolutionise how businesses interact with their tabular da

Prior Labs raises €9m in a pre-seed round led by Balderton along with XTX Ventures, SAP founder Hans Werner-Hector’s Hector Foundation, Atlantic Labs, and Galion.exe.

Companies:Prior Labs
FundingFeb 5, 2025

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